Dr. Ray Fair

Biography

Ray C. Fair is the John M. Musser Professor of Economics at Yale University, with a distinguished academic background. He earned his Ph.D. in Economics from the Massachusetts Institute of Technology in February 1968 and a B.A. in Economics from Fresno State College in June 1964. Fair has held prestigious positions at multiple institutions, including serving as a visiting associate professor at MIT. His main research focuses on macroeconometrics, exploring areas such as finance, voting behavior, aging, and sports. Notably, he created quarterly updates to the U.S. macroeconometric model which allowed for forecasts starting in 1983. His predictive work includes estimating the presidential vote share equation in 1980 and is currently engaged in research pertaining to college and high school sports costs, as well as historical infrastructure analyses. Fair’s models provide insights into the dynamics of U.S. presidential and congressional elections, as well as macroeconomic trends through advanced econometric modeling.

Research Interests