WorldCat Identities

Fair, Ray C.

Overview
Works: 251 works in 1,042 publications in 5 languages and 11,540 library holdings
Genres: Textbooks  Examinations  Handbooks and manuals 
Roles: Author, Creator, Other
Publication Timeline
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Most widely held works by Ray C Fair
Predicting presidential elections and other things by Ray C Fair( )

19 editions published between 2002 and 2012 in English and held by 2,348 WorldCat member libraries worldwide

Ray C. Fair has found that the state of the economy has a key influence on national elections. Just in time for the 2012 presidential election, this new edition of his classic text provides us with a look into the likely future of our nation;s political landscape--but Fair doesn't stop there. He covers topics well beyond today's headlines. Which of your friends is most likely to have an extramarital affair? How important is class attendance for academic performance in college? How fast can you expect to run a race at age 55, given your time at 30? Read Predicting Presidential Elections and Other Things and find out!
Estimating how the macroeconomy works by Ray C Fair( )

16 editions published between 2004 and 2009 in English and held by 1,654 WorldCat member libraries worldwide

Principles of economics by Karl E Case( Book )

152 editions published between 1989 and 2019 in 3 languages and held by 1,383 WorldCat member libraries worldwide

Based on the belief that economics is a way of thinking, this text motivates students with clear explanations, good graphs, lively writing, and interesting and relevant examples. This edition features a logical organization of topics, an accessible presentation, and a hands- on focus to help students learn how to solve problems and think analytically. The abundance of real- world examples and coverage of current issues both show students how relevant economic concepts are to their lives and their world. A comprehensive, high-quality, ancillary package is available, providing all the tools necessary to encourage critical thinking
Principles of microeconomics by Karl E Case( Book )

116 editions published between 1989 and 2019 in 3 languages and held by 906 WorldCat member libraries worldwide

The Target Market is for the 1 semester principles of microeconomics course. One of the all time best-sellers, this text is widely used because of its careful, streamlined, and intuitive chapter organization. Case & Fair, present a very precise and simplified microeconomic model first, before introducing all the exceptions and subtleties of a more complex economic world. Only after this simplified model is developed, do the authors give a thorough treatment of market imperfections, externalities, public finance, and international economics. (A detailed summary of this approach can be found on the page directly following the inside front cover)
Specification, estimation, and analysis of macroeconometric models by Ray C Fair( Book )

12 editions published between 1983 and 1984 in English and held by 492 WorldCat member libraries worldwide

A short-run forecasting model of the United States economy by Ray C Fair( Book )

20 editions published between 1971 and 1972 in English and held by 469 WorldCat member libraries worldwide

Testing macroeconometric models by Ray C Fair( Book )

16 editions published between 1994 and 2014 in English and German and held by 409 WorldCat member libraries worldwide

In this book Ray Fair expounds powerful techniques for estimating and analyzing macroeconometric models. He takes advantage of the remarkable decrease in computational costs that has occurred since the early 1980s by implementing such sophisticated techniques as stochastic simulation. Testing Macroeconometric Models also incorporates the assumption of rational expectations in the estimation, solution, and testing of the models. And it presents the latest versions of Fair's models of the economies of the United States and other countries. After estimating and testing the U.S. model, Fair analyzes its properties - including those relevant to economic policymakers: the optimal monetary policy instrument, the effect of a government spending reduction on the government deficit, whether monetary policy is becoming less effective over time, and the sensitivity of policy effects to the assumption of rational expectations. Ray Fair has conducted research on structural macroeconometric models for more than twenty years. With interest increasing in the area, this book will be an essential reference for macroeconomists
A model of macroeconomic activity by Ray C Fair( Book )

29 editions published between 1974 and 1976 in English and Undetermined and held by 386 WorldCat member libraries worldwide

The short-run demand for workers and hours by Ray C Fair( Book )

14 editions published in 1969 in English and Dutch and held by 345 WorldCat member libraries worldwide

Principles of macroeconomics by Karl E Case( Book )

11 editions published between 2003 and 2007 in English and held by 172 WorldCat member libraries worldwide

Principles of microeconomics by Karl E Case( Book )

9 editions published in 2012 in English and held by 106 WorldCat member libraries worldwide

Principles of macroeconomics by Karl E Case( Book )

5 editions published in 1999 in English and held by 95 WorldCat member libraries worldwide

Principles of macroeconomics by Karl E Case( Book )

7 editions published between 1995 and 1998 in English and held by 92 WorldCat member libraries worldwide

Principles of macroeconomics by Karl E Case( Book )

12 editions published between 2007 and 2009 in English and held by 86 WorldCat member libraries worldwide

The Cowles Commission approach, real business cycle theories, and new Keynesian economics by Ray C Fair( Book )

9 editions published in 1992 in English and held by 74 WorldCat member libraries worldwide

The Cowles Commission approach is reviewed and compared to the approaches of real business cycle (RBC) theorists and new Keynesian economists. It is argued that RBC models are not tested in a serious enough way and that the new Keynesian literature is not empirical enough for testing even to be a serious possibility. Macroeconomics seems to be moving away from its traditional empirical basis, which is sad. This paper argues for returning to the path that was abandoned by most macroeconomists around 1970, namely the specification and testing of structural macroeconometric models
How fast do old men slow down? by Ray C Fair( )

11 editions published between 1991 and 1994 in English and Undetermined and held by 70 WorldCat member libraries worldwide

This study uses data on men's track and field and road racing records by age to estimate the rate at which men slow down with age. For most of the running events (400 meters through the half marathon), the slowdown rate per year is estimated to be .80 percent between ages 35 and 51. At age 51 the rate begins to increase. It is 1.04 percent at age 60, 1.46 percent at age 75, and 2.01 percent at age 95. The slowdown rate is smaller for 100 meters. For the events longer than the half marathon, the rate is smaller through about age 60 and then larger after that. The slowdown rate is generally larger at all ages for the field events. Table 2 shows that the age-factors in Masters Age-Graded Tables are excessively variable and biased against older runners. Tables 3 and 5 present the age-factors implied by this study. These tables can be used to estimate one's projected time or distance by age. They can also be used by race officials for age-graded events. A brief comparison of the present results to results in the physiological literature is also presented in this paper. The main estimation technique used is a combination of the polynomialspline method and the frontier-function method. A number of the events have been pooled to provide more efficient estimates
A comparison of fiml and robust estimation of a nonlinear macroeconometric model by Ray C Fair( )

4 editions published in 1973 in English and held by 69 WorldCat member libraries worldwide

"The prediction accuracy of six estimators of econometric models are compared. Two of rthe estimators are ordinary least squares (OLS) and full-information maximum likelihood. (FML). The other four estimators are robust estimators in the sense that they give less weight to large residuals. One of the four estimators is approximately equivalent to the least-absolute-residual (LAR) estimator, one is a combination of OLS for small residuals and LAR for large residuals, one is an estimator proposed by John W. Tukey, and one is a combination of FIML and LAR. All of the estimators account for the first-order serial correlation of the error terms. The main conclusion is that robust estimators appear quite promising for the estimation of econometric models. Of the robust estimators considered in the paper, the one based on minimizing the sum of the absolute values of the residuals performed the best. The FIML estimator and the combination of the FIML and LAR estimators also appear promising"--NBER website
A multicountry econometric model by Ray C Fair( )

8 editions published between 1979 and 1981 in English and Undetermined and held by 68 WorldCat member libraries worldwide

A multi-country econometric model is presented in this paper. The theoretical basis of the model is discussed in Fair (l979a), and the present paper is an empirical extension of this work. The model is quarterly and contains estimated equations for 44 countries. Most of the equations have been estimated by two stage least squares. The basic estimation period is 19581-19801 (89 observations). For equations that are relevant only when exchange rates are flexible, the basic estimation period is 1972II-19801 (32 observations). The trade matrix contains data for 64 countries. The U.S. part of the model is the model described in Fair (1976, 1980b). The model differs from previous models in a number of ways.(1) Linkages among countries with respect to exchange rates, interest rates, and prices appear to be more important in the model than they are in previous models. (2) There is no natural distinction in the model between stock-market and flow-market determination of the exchange rate.(3) The number of countries is larger than usual, and the data are all quarterly. (4) I alone have estimated small models for each country and then linked them together, rather than, as Project LINK has done, take models developed by others and link them together. The advantage of this approach is that the person constructing the individual models knows from the beginning that they are to be linked together, and this may lead to better specification of the linkages. The paper contains (1) a review of the theoretical basis of the model, (2) a description of the econometric model, including presentation and discussion of all the estimated equations, (3) a comparison of the predictive accuracy of the model to that of a fourth order autoregressive model, and (4) a brief discussion of the properties of the model. A much more detailed examination of the properties of the model is presented in Fair (1981)
Inflationary expectations and price setting behavior by Ray C Fair( )

9 editions published in 1989 in English and held by 67 WorldCat member libraries worldwide

Abstract: expectations of the aggregate price level are a function of the past values
Principles of macroeconomics by Karl E Case( Book )

11 editions published between 2013 and 2016 in English and held by 66 WorldCat member libraries worldwide

 
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Predicting presidential elections and other things
Covers
Estimating how the macroeconomy worksPrinciples of economicsPrinciples of microeconomicsSpecification, estimation, and analysis of macroeconometric modelsTesting macroeconometric modelsPrinciples of macroeconomicsPrinciples of microeconomicsPrinciples of macroeconomics
Alternative Names
Fair, R. C

Fair, R. C. 1942-

Fair, Ray C.

Fair, Ray C. 1942-...

Ray Fair Amerikaans econoom

Ray Fair economista estadounidense

Ray Fair économiste américain

Фэйр, Рэй

Languages
English (470)

Spanish (11)

German (1)

Chinese (1)

Dutch (1)