Sir Angus Deaton | |
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Angus Deaton, Nobel Laureate in economics in Stockholm December 2015
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Born | Angus Stewart Deaton 19 October 1945 Edinburgh, Scotland, UK |
Residence | United States |
Citizenship |
United Kingdom United States |
Nationality | British, American |
Fields | Microeconomics |
Institutions |
University of Bristol Princeton University |
Education | Fettes College |
Alma mater | Fitzwilliam College, Cambridge |
Thesis | Models of consumer demand and their application to the United Kingdom (1975) |
Doctoral advisor | Richard Stone |
Notable awards |
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Academic career | |
Information at IDEAS / RePEc |
Sir Angus Stewart Deaton, FBA (born 19 October 1945) is a British and Scottish-American economist. In 2015, he was awarded the Nobel Memorial Prize in Economic Sciences for his analysis of consumption, poverty, and welfare.
Deaton was born in Edinburgh, Scotland, and educated as a foundation scholar at Fettes College. He earned his B.A., M.A. and Ph.D. degrees at the University of Cambridge, the last with a 1975 thesis entitled Models of consumer demand and their application to the United Kingdom, where he was later a fellow at Fitzwilliam College and a research officer working with Richard Stone and Terry Barker in the Department of Applied Economics.
In 1976 Deaton took up post at the University of Bristol as Professor of Econometrics. During this period, he completed a significant portion of his most influential work. In 1978, he became the first ever recipient of the Frisch Medal, an award given by the Econometric Society every two years to an applied paper published within the past five years in Econometrica. In 1980, his paper on how demand for various consumption goods depends on prices and income was published in The American Economic Review. This paper has since been hailed as one of the twenty most influential articles published in the journal in its first hundred years.