The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2013 was awarded jointly to Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller "for their empirical analysis of asset prices". Fama was elected Fellow of the Econometric Society in 1973, Hansen was elected Fellow in 1984 and was President in 2007, and Shiller was elected Fellow in 1980.
The 11th World Congress of the Econometric Society will be held at the Palais des Congrès de Montréal in Montreal, Canada from 15th to 21st August 2015. It is hosted by McGill University in association with the Université de Montréal, UQAM, HEC Montreál, Concordia University, CIREQ and CIRANO.
The 2012 ballot of the Econometric Society included a special ballot of the Fellows on the incorporation of the Econometric Society (see here for background note).
The result of the special ballot is as follows. 272 Fellows voted in the special ballot, with 244 voting in favor (89.7%), 7 against (2.6%) and 21 abstaining (7.7%). Therefore, the proposal is carried with the required 2/3 majority.
We are pleased to announce the results of the 2012 Election of Officers and Council.
Robert Porter, Northwestern University, has been elected Second Vice-President, and will be Vice-President in 2014, and President in 2015.
The following have been elected or reelected to the Council:
Australasia:
Andrew McLennan, Adrian Pagan
Europe and Other Areas:
Jordi Gali, Philippe Jehiel, Jean-Marc Robin
Far East:
Hongbin Cai, Hidehiko Ichimura, Akihiko Matsui
Latin America:
Marilda Sotomayor
Following consultation with the Fellows, the Governance Committee agreed a Report that will be considered by the Executive Committee at its meeting of August 26-27, 2012.The final version of the proposals will be put to a vote: as stated in the Constitution, any change in governance must be approved by the Council and ratified by a two-thirds majority of the voting Fellows.
First awarded in 1978, the Frisch Medal is presented biennially for the best applied (empirical or theoretical) paper published in Econometrica during the previous five years. The purpose of the Frisch Medal is to encourage the submission to Econometrica of high quality empirical and applied work. The President appoints a committee to select the recipient for the award.
Following consultation with the Executive Committee, the 2011 President, Bengt Holmström, decided to set up a Governance Committee to review all aspects of the governance of the Society. The Committee is chaired by Oliver Hart (Harvard University), and the members are Tim Besley (London School of Economics), Hongbin Cai (Peking University), George Mailath (University of Pennsylvania), Rosa Matzkin (UCLA), and Enrique Sentana (CEMFI), with Rafael Repullo (CEMFI) acting as secretary, and Hyun Shin (Princeton University) as observer.
We are pleased to announce the election of 16 new Fellows of the Econometric Society.
We are pleased to announce the results of the 2011 Election of Officers and Council.
Manuel Arellano, CEMFI, has been elected Second Vice-President, and will be Vice-President in 2013, and President in 2014.
Rafael Repullo, CEMFI, will be Executive Vice-President until June 30, 2012. Hyun Song Shin, Princeton University, will be Executive Vice-President beginning July 1, 2012.
The following have been elected or reelected to the Council: