William Baumol
- January 10, 2024
- Teacher
Quick Facts
| Full Name | William Baumol |
| Occupation | Teacher |
| Date Of Birth | Feb 26, 1922(1922-02-26) |
| Age | 102 |
| Date Of Death | May 4, 2017, New York, NY |
| Birthplace | New York |
| Country | United States |
| Birth City | New York |
| Horoscope | Pisces |
William Baumol Biography
| Name | William Baumol |
| Birthday | Feb 26 |
| Birth Year | 1922 |
| Place Of Birth | New York |
| Home Town | New York |
| Birth Country | United States |
| Birth Sign | Pisces |
| Spouse | Hilda Missel |
| Children(s) | Daniel Baumol, Jasmine Wolf |
William Baumol is one of the most popular and richest Teacher who was born on February 26, 1922 in New York, New York, United States. Prominent economist and NYU professor who became a Fellow of the American Academy of Arts and Sciences in 1971.
He and classics professor, Erich Segal, were both associated with Princeton University.
He married and had two children.
William Baumol Net Worth
| Net Worth | $5 Million |
| Source Of Income | Teacher |
| House | Living in own house. |
William Baumol is one of the richest Teacher from United States. According to our analysis, Wikipedia, Forbes & Business Insider, William Baumol 's net worth $5 Million. (Last Update: December 11, 2023)
He attended the College of the City of New York and the London School of Economics.
He developed the economic theory of contestable markets.
Height, Weight & Body Measurements
William Baumol height Not available right now. William weight Not Known & body measurements will update soon.
Who is William Baumol Dating?
According to our records, William Baumol married to Hilda Missel. As of December 1, 2023, William Baumol’s is not dating anyone.
Relationships Record : We have no records of past relationships for William Baumol. You may help us to build the dating records for William Baumol!
Facts & Trivia
William Ranked on the list of most popular Teacher. Also ranked in the elit list of famous people born in United States. William Baumol celebrates birthday on February 26 of every year.
What is Baumol hypothesis?
Baumol’s cost disease, also known as the Baumol effect, is the rise of wages in jobs that have experienced little or no increase in labor productivity, in response to rising salaries in other jobs that have experienced higher productivity growth. The phenomenon was described by William J.
Who published his theory under the name of an inventory theoretic
approach?
Baumol, William J. (1952). “The Transactions Demand for Cash: An Inventory Theoretic Approach”. Quarterly Journal of Economics.
What is the Baumol model and how is it used?
The Baumol model is used to determine the appropriate level of cash , which will minimize the total transaction costs and alternative costs as a result of maintaining a given level of cash.
Who proposed growth maximization theory?
Marris proposed that a sound financial policy will be based on at least three financial ratios, which set the limit for the firm’s growth.
What is Baumol theory of demand for money?
Baumol-Tobin model shows that demand for money depends positively on the income level and negatively on the interest rate. This model is explained in terms of assets. An individual holds portfolio for monetary assets (currency and checking account) and non-monetary assets (stocks and bonds).