Roger C. Kormendi
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Roger C. Kormendi (July 24, 1949 – February 25, 2009) was an American economist who conducted important research studies in several areas of macroeconomics and finance. A long-time senior member of the Graduate School of Business faculties at the University of Chicago and the University of Michigan, he was the author of over fifty scholarly books and articles.
Biography
Early life and education
Roger Charles Kormendi was born on July 24, 1949, in New York. He was the only child of his late parents, Andre and Irene Kormendi. He graduated in 1967 from
Career
His early work focused on macroeconomic monetary and fiscal policy, and helped to form the current understanding of the effect of deficit spending on economic cycles. Later he founded Mid-America Institute for Public Policy Research while at the
Dr. Kormendi co-founded Kormendi \ Gardner Partners, known as KGP, a financial advisory firm based in Washington, D.C. At KGP, Dr. Kormendi directed and co-directed many innovative financial engagements for public and private clients. Among these were the first “pipeline sale” public-private partnership for the Department of Defense, the renegotiation of the largest federally assisted acquisition of a failed thrift for the
Marriage and children
Kormendi was married three times: first, to the former Paula Stone; second, to Kira Karmazin; third, to Traci Jefferson. He had three sons by his first marriage, Andre, Peter, and Alex.
Death and afterward
Kormendi died February 25, 2009, at the age of 59 after a long battle with Creutzfeldt–Jakob disease, a degenerative brain disorder.
References
- ISBN 9789401068154.