Hendrik S. Houthakker

Hendrik Samuel Houthakker ( born December 31, 1924 in Amsterdam, † April 15, 2008 in Lebanon, New Hampshire ) was a Dutch -born American economist.

Life

Houthakker studied at the University of Amsterdam where he graduated in 1949. He then went to the University of Cambridge. In 1952 he moved to the U.S. to conduct research at the Cowles Commission for Economic Research at the University of Chicago. From 1954 he taught at Stanford University. Here he remained until 1960, only in 1955 interrupted by a visiting professor at the University of Tokyo. His next stop was Harvard University, where he remained until 1994, when he retired, worked.

Houthakker was first under U.S. President Lyndon B. Johnson, member of the Council of Economic Advisers. In this function he belonged from 1969 to 1971 then the three-member board under President Richard Nixon. Later he became more advisory role for various government institutions.

Houthakker belonged to several research institutions. Example, he was a member of the National Academy of Sciences, the American Academy of Arts and Sciences or the American Economic Association, whose vice- president, he was at the beginning of the 1970s.

Work

Houthakker has edited a diversified field within economics. He has published both on topics of econometrics, financial theory and economic policy and economic relations between economies and on international financial markets.