The Cowles Foundation for Research in Economics at Yale marked a milestone on Friday by posting its 3000th discussion paper authored by Cowles Research Staff Member and Professor of Economics, Ray Fair. From its beginning in 1932, members of the organization have produced research papers in economics seeking to “foster the development and application of rigorous logical, mathematical, and statistical methods of analysis.”
The Cowles Foundation Discussion Paper Series began in 1955 soon after moving to Yale from the University of Chicago where it was called the Cowles Commission. The first Cowles Foundation Discussion Paper was written by Yale Economics Professor and Nobel Laureat, James Tobin in July 1955 titled, “The Application of Multivariate Probit Analysis to Economic Survey Data.”
Founded in 1932 by Alfred Cowles, B.A. 1913, the Cowles Foundation was originally called the Cowles Commission and was located in Colorado Springs, CO. It later moved to Chicago in 1939, before coming to Yale in 1955. As its purpose, the organization conducts and encourages research in economics, and provides support for research and research related activities through research programs in five core areas of interest to Cowles: Econometrics, Economic Theory, International Trade, Macroeconomics, and Structural Microeconomics.”
Visit the Cowles Foundation website for a full listing of the discussion papers and more information.