Tobin

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Definition

Proper noun A surname, most famously that of James Tobin, a Nobel Prize-winning American economist.

Usage

This word is used almost exclusively as a proper noun referring to a person, specifically the economist James Tobin. It is not used with articles ('a', 'the').

Examples
  • James Tobin received the Nobel Memorial Prize in Economic Sciences in 1981.
  • The Tobin tax is a proposal for a tax on currency transactions.
  • Her thesis analyzed the contributions of Tobin.
Advanced Usage
  • Tobin's q: A financial ratio (market value / replacement value) developed by James Tobin used in investment analysis.
    • A Tobin's q ratio greater than one suggests the market is overvaluing the firm's assets.
  • Tobin tax: A suggested tax on spot currency conversions, named after James Tobin.
    • Proponents argue a Tobin tax could reduce speculative trading in financial markets.
Variants and Related Words
  • Tobinesque (adj): Characteristic of or relating to the economic theories of James Tobin.
    • The paper offered a Tobinesque critique of the policy.
Synonyms

There are no direct synonyms for the proper noun. In contexts discussing his work, one might refer to "the economist Tobin" or "James Tobin."

Related Phrases
  • The Tobin Effect: An economic hypothesis related to money and capital formation.
    • The model demonstrates the Tobin Effect under these specific conditions.
Noun
  1. United States economist (1918-2002)

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