Otto Eckstein | |
|---|---|
| Born | August 1, 1927 Germany |
| Died | March 22, 1984 |
| Nationality | German-American |
| Known for | Theory of core inflation |
| Children | 3 |
| Awards | Fellow of the American Statistical Association |
| Academic background | |
| Alma mater | Princeton University, Harvard University |
| Academic work | |
| Institutions | Harvard University |
Otto Eckstein (August 1, 1927 – March 22, 1984) was a German-American economist. He was a key developer and proponent of the theory of core inflation (Eckstein 1981), which proposed that in determining accurate metrics of long run inflation, the transitory price changes of items subject to volatile pricing, such as food and energy, are to be excluded from computation.