Age, Biography and Wiki

Henri Theil was born on 13 October, 1924 in The Netherlands, is a Dutch econometrician (1924–2000). Discover Henri Theil'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 75 years old?

Popular As N/A
Occupation N/A
Age 75 years old
Zodiac Sign Libra
Born 13 October, 1924
Birthday 13 October
Birthplace N/A
Date of death 20 August, 2000
Died Place N/A
Nationality The Netherlands

We recommend you to check the complete list of Famous People born on 13 October. He is a member of famous with the age 75 years old group.

Henri Theil Height, Weight & Measurements

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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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Henri Theil Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Henri Theil worth at the age of 75 years old? Henri Theil’s income source is mostly from being a successful . He is from The Netherlands. We have estimated Henri Theil'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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Timeline

1924

Henri (Hans) Theil (October 13, 1924 – August 20, 2000) was a Dutch econometrician and professor at the Netherlands School of Economics in Rotterdam, known for his contributions to the field of econometrics.

1942

Born in Amsterdam, Theil started to study mathematics and physics at Utrecht University in 1942.

Later in World War II he was arrested and was imprisoned in Vught.

1951

After the war he started to study economics at the Gemeente-Universiteit Amsterdam, where in 1951 he received his PhD under Pieter Hennipman.

After graduation Theil started working as researcher for the Bureau for Economic Policy Analysis under Jan Tinbergen.

1953

In 1953 he was appointed Professor of Econometrics at the Netherlands School of Economics as successor of Jan Tinbergen.

Theil is best known for his invention of the widely used two-stage least squares (2SLS) method in 1953.

This estimation technique greatly simplified estimation of simultaneous equation models of the economy and came into widespread use for this purpose.

He is also known for the Theil index, a measure of entropy, which belongs to the class of Kolm-Indices and is used as an inequality indicator in econometrics.

He is also responsible for the Theil–Sen estimator for robust regression.

Theil's archives are kept at Hope College.

Theil published a series of books and numerous articles.

Books:

1956

Here he founded the Econometric Institute in 1956, which he directed for ten years and was then succeeded by Jan Sandee.

He also wrote Principles of Econometrics.

1964

Theil was awarded honorary degrees by the University of Chicago in 1964, by the Vrije Universiteit Brussel in 1973 and by the Erasmus University Rotterdam in 1983.

1966

In 1966 he moved to the United States, where he was appointed Professor of Econometrics and director of the Center for Mathematical Studies in Business and Economics at the University of Chicago.

He also taught at the University of Florida.

1968

In 1968 he was elected as a Fellow of the American Statistical Association.

1980

In 1980 he became correspondent of the Royal Netherlands Academy of Arts and Sciences.