- Ray Fair
Ray Clarence Fair (born
October 4 ,1942 in Fresno,California ) is the John M. Musser Professor ofEconomics atYale University .Fair received his B.A. from Fresno State College in 1964 and his Ph.D. from MIT in 1968. He spent several years at
Princeton University before moving to Yale. He is now a professor within theCowles Foundation and the International Center for Finance.Fair's teaching and research interests include macroeconomic theory,
econometrics , and macroeconometric modeling. He is the author, along withKarl Case ofWellesley College , of the economics textbook "Principles of Economics". He has also authored several books pertaining to modeling, including "Testing Macroeconometric Models"(1994), "Estimating How the Macroeconomy Works" (2004) and the more recent "Predicting Presidential Elections and Other Things" (2002).Ray Fair maintains a macroeconomic model, data, software and forecasts on his home page and that are also available for free downloading for use on a personal computer. The Fair Model macroeconmic model forecasts for the United States and 38 other countries.
Fair lives in New Haven,
Connecticut , with his wifeSharon Oster , a professor at theYale School of Management . He is the father ofEmily Oster , an economist at theUniversity of Chicago .External links
* [http://fairmodel.econ.yale.edu/ Ray C. Fair Home Page (Yale)]
* [http://www.nytimes.com/2004/08/15/magazine/15QUESTIONS.html?ex=1144296000&en=b1ba995177103207&ei=5070 Ray C. Fair Interview (New York Times Magazine)]
*"Principles of Economics" (ISBN 978-0-13-144234-4)
*"Testing Macroeconometric Models" (ISBN 978-0-674-87503-6)
*"Estimating How the Macroeconomy Works" (ISBN 978-0-674-01546-3)
*"Predicting Presidential Elections and Other Things" (ISBN 978-0-8047-4509-3)
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