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Barnard College Economics Department Hosts Lecture with Yale Professor Ray C. Fair

New York, NY - On Thursday, October 14, 2004, at 7:00 p.m., the Barnard Economics Department and the Columbia Program on Quantitative Methods in the Social Sciences will present "Economic Perspectives on the 2004 Presidential Election," a lecture by Yale University professor Ray C. Fair. The lecture will take place in the Julius S. Held Lecture Hall, 304 Barnard Hall (Broadway and 117 th Street).

Fair, a John M. Musser Professor of Economics at Yale, specializes in applying statistical methods to a wide range of economic and other questions.   Fair discusses his U.S. and multi-country macroeconometric model in his most recent book Estimating How the Macroeconomy Works (Harvard University Press, 2004).

Elections can be examined and even predicted using economic information, according to Fair.   He developed a statistical model that uses macroeconomic conditions such as past economic growth and inflation rates to predict presidential elections.   Fair explains this model and its accuracy since Woodrow Wilson's 1916 victory in a 2002 book entitled Predicting Presidential Elections and Other Things (Stanford University Press, 2002) .

Fair was recently featured on NPR's "Morning Edition" in June and in the New York Times Sunday Magazine in August.   He discussed the influence of economic conditions on presidential elections and offered his predictions for the November 2 nd election.

An avid marathoner, Fair also tracks the impact of aging on the performance of runners.

This lecture is free and open to the public.

Contact: Petra Tuomi, Office of Public Affairs, 212-854-7907

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