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Evsey Domar was born on 16 April, 1914 in Łódź, Russian Empire (now Poland), is a Russian-American economist (1914–1997). Discover Evsey Domar's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 82 years old?

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Occupation N/A
Age 82 years old
Zodiac Sign Aries
Born 16 April 1914
Birthday 16 April
Birthplace Łódź, Russian Empire (now Poland)
Date of death 1 April, 1997
Died Place Concord, Massachusetts, U.S.
Nationality Russia

We recommend you to check the complete list of Famous People born on 16 April. He is a member of famous economist with the age 82 years old group.

Evsey Domar Height, Weight & Measurements

At 82 years old, Evsey Domar height not available right now. We will update Evsey Domar's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

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Evsey Domar Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Evsey Domar worth at the age of 82 years old? Evsey Domar’s income source is mostly from being a successful economist. He is from Russia. We have estimated Evsey Domar's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
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Source of Income economist

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1914

Evsey David Domar (Евсей Давидович Домашевицкий, Domashevitsky; April 16, 1914 – April 1, 1997) was a Russian-American economist, famous as developer of the Harrod–Domar model.

Evsey Domar was born on April 16, 1914, in the Polish city of Łódź, which was part of Russia at that time.

1936

He was raised and educated in Russian Manchuria in the Russian Far East, then emigrated to the United States in 1936.

1939

He received a Bachelor of Arts from UCLA in 1939, a Master of Science from the University of Michigan in 1940, a Master of Science from Harvard University in 1943, and a doctorate from Harvard in 1947.

1946

In 1946 Evsey Domar married Carola Rosenthal.

The couple had two daughters.

In 1946 he advanced the idea that economic growth served to lighten the deficit and the national debt.

During the Cold War he was also an expert on Soviet economics.

He is most known for developing, independently of British economist Roy Forbes Harrod, what has become to be known as the Harrod–Domar model of economic growth.

This model was the precursor to the neoclassical model of economic growth, differing mainly in its restrictive assumption that the Leontief production function applied, which meant there would be fixed proportions of capital and labor in production, not substitution between them.

In the model, economic growth was unstable.

The Solow–Swan model that followed several years later borrowed heavily from the Harrod-Domar model and used a variable proportions Cobb–Douglas production function.

1957

He was a professor at the Carnegie Institute of Technology, The University of Chicago, the Johns Hopkins University and then at the Massachusetts Institute of Technology from 1957 until the end of his career.

Evsey Domar was president of the Association for Comparative Economics and a member of several other academic organizations including the American Academy of Arts and Sciences, the Econometric Society, and the Center for Advanced Study in the Behavioral Sciences.

1961

Domar's 1961 paper is cited as the source of Domar aggregation, a set of rules and processes for combining industry growth data together to get aggregate industry sector or national growth.

1962

He was on the executive committee of the American Economic Association from 1962 until 1965, and became the organization's vice president in 1970.

1965

In 1965, he was the first recipient of the John R. Commons Award, given by the economics honor society Omicron Delta Epsilon.

He worked for the RAND Corporation, the Ford Foundation, the Brookings Institution, the National Science Foundation, the Battelle Memorial Institute, and the Institute for Defense Analysis.

1993

Among his students was the economic historian Robert Fogel, who was awarded the Nobel Memorial Prize in Economics in 1993.

1997

Evsey Domar died on April 1, 1997, in the Emerson Hospital in Concord, Massachusetts 15 days before his 83rd birthday.

Evsey Domar was a Keynesian economist.

He made contributions to three main areas of economics: economic history, comparative economics and economic growth.