Frisch

From WikiMD's Wellness Encyclopedia

Frisch is a surname of German origin, meaning "fresh." It is associated with several notable individuals and concepts across various fields, including science, economics, and the arts.

Notable Individuals with the Surname Frisch[edit | edit source]

Otto Frisch[edit | edit source]

Otto Frisch (1904–1979) was an Austrian-British physicist who, along with Lise Meitner, discovered nuclear fission. Frisch and Meitner's work laid the foundation for the development of nuclear energy and atomic weapons. Frisch also contributed to the development of the Frisch-Peierls memorandum, which was crucial in the establishment of the Manhattan Project.

Ragnar Frisch[edit | edit source]

Ragnar Frisch (1895–1973) was a Norwegian economist and a co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969, along with Jan Tinbergen. Frisch is known for his pioneering work in econometrics and for coining the term "macroeconomics." He also developed the Frisch elasticity of labor supply and the Frisch-Waugh-Lovell theorem.

Max Frisch[edit | edit source]

Max Frisch (1911–1991) was a Swiss playwright and novelist. He is best known for his works such as Homo Faber, I'm Not Stiller, and The Fire Raisers. Frisch's works often explore themes of identity, individuality, and the human condition.

Related Concepts[edit | edit source]

Frisch Elasticity of Labor Supply[edit | edit source]

The Frisch elasticity of labor supply is a concept in labor economics that measures the responsiveness of labor supply to changes in wages, holding utility constant. It is named after Ragnar Frisch, who introduced the concept.

Frisch-Waugh-Lovell Theorem[edit | edit source]

The Frisch-Waugh-Lovell theorem is a result in econometrics that simplifies the estimation of coefficients in a linear regression model. It states that the coefficients of interest can be obtained by regressing the dependent variable and the independent variables of interest on the remaining control variables and then regressing the residuals of these regressions on each other.

See Also[edit | edit source]

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