The Fair model stands out as carefully articulated, carefully estimated, and a precious reference for those of us who like to know how the consumption function, or the investment function looks like in the data.
   --Olivier Blanchard, Department of Economics, Massachusetts Institute of Technology

Ray C. Fair is Professor of Economics, Yale University.

Read More by Ray Fair:

• Testing Macroeconometric Models
• Specification, Estimation, and Analysis of Macroeconomic Models