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Franco Modigliani

Franco Modigliani received the 1985 prize in Economic Sciences. This profile brings together the official award record and attributed background on the economist’s work and career.

Sources and references ↗
PROFILE / FACT FILE

Personal and professional profile

Name
Franco Modigliani [1]
Full name
Franco Modigliani [2]
Birth date
1918-06-18 [2]
Birthplace
Rome, Italy [2]
Education
The New School; The New School for Social Research [3]
Fields / occupation
economist; university teacher [3]
Prize
Economic Sciences · 1985 [2]
Research recognized
for his pioneering analyses of saving and of financial markets [2]
Prize share
1 [2]
Affiliation at the award
Massachusetts Institute of Technology (MIT) [2]
Death date
2003-09-25 [2]
Institutions in career record
MIT Sloan School of Management; Massachusetts Institute of Technology; Carnegie Mellon University [3]

Research, education and career background

Franco Modigliani (US: ; Italian: [ˈfɾaŋko modiʎˈʎaːni]; 18 June 1918 – 25 September 2003) was an Italian-American economist and the recipient of the 1985 Nobel Memorial Prize in Economics. He was a professor at University of Illinois at Urbana–Champaign, Carnegie Mellon University, and MIT Sloan School of Management. [4]

Selected introductory text by Wikipedia contributors — Franco Modigliani, under CC BY-SA 4.0. Official facts are cited separately.

Award and academic affiliation

The official Nobel record dates the Economic Sciences award to 1985 and lists Massachusetts Institute of Technology (MIT) as the affiliation at the time. [2]

An affiliation attached to an award describes that point in the person’s career; it does not establish a current appointment. [2]

Education and career timeline

  1. Birth date recorded in the official Nobel biography. [2]

  2. Economic Sciences award announced. [2]

  3. Death date recorded in the official Nobel biography. [2]

Source-supported connections

Franco Modigliani → Affiliation at the 1985 award → Massachusetts Institute of Technology (MIT) [2]

Frequently asked questions

When did Franco Modigliani receive the prize in Economic Sciences?

The official award record gives the year as 1985. [2]

Which institution was Franco Modigliani affiliated with at the time of the Economic Sciences award?

Massachusetts Institute of Technology (MIT). This is the award-time affiliation. [2]

RELATION MAP

Franco Modigliani connection map

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Franco Modigliani

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. Nobel Prize — official biography and award record ↗
  2. Nobel Prize — official biography and award record ↗
  3. Wikidata background facts (CC0) ↗
  4. Wikipedia contributors — Franco Modigliani (CC BY-SA 4.0) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.