Simon Kuznets

Dictionary Says

Definition of 'Simon Kuznets'


A Russian-American economist and statistician who won the 1971 Nobel Memorial Prize in Economic Sciences for his research on economic growth. He also set the standard for economic research on national income, computing GNP for the United States all the way back to 1869. His measurements of savings, consumption and investment contributed to Keynesian economics and to econometrics. Kuznets also analyzed trade cycles that are referred to as "Kuznets cycles."
Investopedia Says

Investopedia explains 'Simon Kuznets'


Kuznets was born in Ukraine in 1901. He earned his Ph.D. from Columbia University and was a professor of economics and statistics at the University of Pennsylvania, a professor of political economy at Johns Hopkins and a professor of economics at Harvard. He died in 1985 in Cambridge, Mass.
comments powered by Disqus
Hot Definitions
  1. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  2. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  3. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  4. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  5. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  6. IPO ETF

    An exchange-traded fund that focuses on stocks that have recently held an initial public offering (IPO). The underlying indexes tracked by IPO ETFs vary from one fund manager to another, but index IPO ETFs are usually passively managed and contain equities that have recently been offered to the public.
Trading Center