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Estimating How the Macroeconomy Works
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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

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

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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*

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