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Frederick Robertson Macaulay (August 12, 1 … Frederick Robertson Macaulay (August 12, 1882 – March 1970) was a Canadian economist of the Institutionalist School. He is known for introducing the concept of bond duration. Macaulay's contributions also include a mammoth empirical study of the time series behavior of interest rates published in 1938 and a study of short selling on the New York Stock Exchange (Macaulay and Durand, 1951). The term "Macaulay duration" is named after him. Macaulay was born in Montreal to a family influential in Montreal business; his father, Thomas Bassett Macaulay, was a well-known actuary[1]. He obtained his bachelor's and master's degrees from the University of Colorado in 1909 and 1920, respectively. He also obtained a law degree in 1911. In 1924, he obtained a PhD from Columbia University. Macaulay worked at the National Bureau of Economic Research from 1921 until 1938. He also taught at the New School of Social Research. In 1923 he was elected as a Fellow of the American Statistical Association. In 1938, Macaulay became research director of the Twentieth Century Fund.ch director of the Twentieth Century Fund.
, Frederick Robertson Macaulay (auch Frederi … Frederick Robertson Macaulay (auch Frederic Macaulay; * 12. August 1882 in Montreal; † März 1970 in Great Neck auf Long Island, New York) war ein kanadischer Ökonom, der 1938 zusammen mit John Richard Hicks wesentliche Erkenntnisse und Begriffe der Finanztheorie erarbeitete. So geht die Sensitivitätskennzahl Duration auf seine Forschungen zurück.ahl Duration auf seine Forschungen zurück.
, فريدريك ماكولاي هو اقتصادي كندي، ولد في 12 أغسطس 1882 في مونتريال في كندا، وتوفي في 1 مارس 1970 في لونغ آيلند في الولايات المتحدة.
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فريدريك ماكولاي هو اقتصادي كندي، ولد في 12 أغسطس 1882 في مونتريال في كندا، وتوفي في 1 مارس 1970 في لونغ آيلند في الولايات المتحدة.
, Frederick Robertson Macaulay (August 12, 1 … Frederick Robertson Macaulay (August 12, 1882 – March 1970) was a Canadian economist of the Institutionalist School. He is known for introducing the concept of bond duration. Macaulay's contributions also include a mammoth empirical study of the time series behavior of interest rates published in 1938 and a study of short selling on the New York Stock Exchange (Macaulay and Durand, 1951). The term "Macaulay duration" is named after him.rm "Macaulay duration" is named after him.
, Frederick Robertson Macaulay (auch Frederi … Frederick Robertson Macaulay (auch Frederic Macaulay; * 12. August 1882 in Montreal; † März 1970 in Great Neck auf Long Island, New York) war ein kanadischer Ökonom, der 1938 zusammen mit John Richard Hicks wesentliche Erkenntnisse und Begriffe der Finanztheorie erarbeitete. So geht die Sensitivitätskennzahl Duration auf seine Forschungen zurück.ahl Duration auf seine Forschungen zurück.
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Frederick Macaulay
, Frederick R. Macaulay
, فريدريك ماكولاي
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