The Econometric Society is an international society for the advancement of economic theory in its relation to statistics and mathematics. The main activities of the Society are:
- Publication of the journals Econometrica, Quantitative Economics, and Theoretical Economics.
- Publication of a research Monograph Series.
- Organization of scientific meetings in seven regions of the world.
Ragnar Frisch is at the origin of the Econometric Society. Along with Charles Roos and Irving Fisher, he convened an organization meeting in December 1930 in Cleveland, where the American Economic Association, the American Statistical Association and the American Mathematical Society were holding their annual meeting. Joseph Schumpeter chaired the 16-strong meeting, which founded the Econometric Society and elected Irving Fisher as its first President. The first annual meeting of the Econometric Society took place in Lausanne in September 1931. After Alfred Cowles offered funding for a journal, the Society launched Econometrica in 1933, with Ragnar Frisch as its Editor. The first issue of Econometrica published the papers presented in the first meeting; and the fourth issue listed the first 29 Fellows of the Econometric Society.
In 2009, the Society decided to publish two open-access journals, Theoretical Economics and Quantitative Economics.
More information and documents on the history of the Econometric Society can be found in the documents below.