Dr. Lawrence R. Klein earned his B.A. from at University of California, Berkeley and his doctorate at the Massachusetts Institute of Technology. He has served on the faculties of the University of Chicago, University of Michigan, University of Oxford, and the University of Pennsylvania. He was the Benjamin Franklin Professor of Economics and Finance at Penn, where he taught for 33 years. He is currently the Benjamin Franklin Professor of Economics Emeritus.

Dr. Klein is an econometrician. He constructed several statistical models of the United States and various other countries. At Penn, he founded the Wharton Econometric Forecasting Associates (WEFA) and was a principal investigator of Project LINK, which combined models from countries throughout the world for studying international trade and payments, and global economic activity.

Dr. Klein served as president of many learned societies, edited scholarly journals, and advised governments in matters of economic policy. In 1976, he coordinated Jimmy Carter's economic task force in a successful campaign for the presidency of the United States. In 1980, he was the Nobel Laureate in Economics.

Since 1984, Dr. Klein has been director and chairman of the Economic Policy Committee of W.P. Carey & Co.