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Ta-Chung Liu was born on 27 October, 1914 in Peking, China, is a Ta Chung Liu was economist and econometrician economist and econometrician. Discover Ta-Chung Liu'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 60 years old?

Popular As N/A
Occupation N/A
Age 60 years old
Zodiac Sign Scorpio
Born 27 October 1914
Birthday 27 October
Birthplace Peking, China
Date of death 14 August, 1975
Died Place Ithaca, New York
Nationality China

We recommend you to check the complete list of Famous People born on 27 October. He is a member of famous economist with the age 60 years old group.

Ta-Chung Liu Height, Weight & Measurements

At 60 years old, Ta-Chung Liu height not available right now. We will update Ta-Chung Liu's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Dating & Relationship status

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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Ta-Chung Liu Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Ta-Chung Liu worth at the age of 60 years old? Ta-Chung Liu’s income source is mostly from being a successful economist. He is from China. We have estimated Ta-Chung Liu'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
House Not Available
Cars Not Available
Source of Income economist

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1914

Ta-Chung Liu (October 27, 1914 – August 14, 1975) was a Chinese American economist and econometrician.

He was a professor of economics at Johns Hopkins University and Cornell University.

During his time at Cornell, he mentored Robert F. Engle, an econometrician who later won the Nobel Prize in Economics.

He was also an influential advisor to the Taiwanese government on economic policy.

He was awarded the Order of Brilliant Star, second rank, for his contributions to the country's development.

Born in Peking on October 27, 1914, he earned a degree in civil engineering from the Chiao Tung University in 1936.

He initially went to Cornell University to study railway engineering.

Influenced by Fritz Machlup, he switched to economics.

1940

Liu earned a PhD degree in 1940 under Donald English.

His dissertation was titled A Study in the Theory of Planning by the Individual Firm under Dynamic Conditions.

1947

In 1947 he went back to Peking to work as professor of economics at National Tsing Hua University.

1948

He left China again in 1948 to avoid the communist revolution and Chinese Civil war.

1950

In the 1950s and 60s, Liu criticized the "Cowles Commission method" of structural equation modelling and advocated reduced form estimation instead, foreshadowing Christopher Sims' VAR method of 1980.

1958

He was a lecturer at Johns Hopkins University until 1958.

1960

He served for several years as President Chiang Kai-shek's chief economic adviser in the 1960s.

Together with his colleague at Cornell Sho-Chieh Tsiang, he advocated against central planning and for creating an environment that encouraged private enterprises to compete on world markets.

1969

Liu took a leave from Cornell University in the 1969 academic year to serve as chairman of the Commission for Tax Reform for the Taiwanese Government.

He also helped establish the first PhD program in Economics at National Taiwan University.

1975

Both Liu and his wife committed suicide in 1975.

He died at the Tompkins County Hospital in Ithaca, New York on August 14, 1975.

A book, Quantitative Economics and Development: Essays in Memory of Ta-Chung Liu, was published in his honor by his colleagues.

Liu had a close working relationship with the government of Taiwan, and high ranking members of politics consulted him on economic policy.

2007

https://finance.sina.cn/sa/2007-01-08/detail-ikftssap1009212.d.html