Philip Green Wright
Philip Green Wright | |
|---|---|
| Born | October 3, 1861 |
| Died | September 4, 1934 (aged 72) |
| Nationality | American |
| Spouse(s) | Elizabeth Quincy Sewall m. 1889, died 1952 |
| Academic background | |
| Alma mater | Tufts University Harvard University |
| Academic work | |
| Discipline | Econometrics International economics |
| Institutions | Lombard College Harvard University Brookings Institution |
| Notable ideas | Instrumental variables estimation |
Philip Green Wright (October 3, 1861 – September 4, 1934) was an American economist who in 1928 first proposed the use of instrumental variables estimation as the earliest known solution to the identification problem in econometrics. In a book review published in 1915 he wrote one of the first explanations of the identification problem. His primary topic of applied research was tariff policy, and he wrote several books on the topic. He also wrote poetry, was a mentor to the poet and author Carl Sandburg, and published some of Sandburg's earliest works. Wright was the father of geneticist Sewall Wright.