TheEconometric Society is an international society of academiceconomists interested in applying statistical tools in the practice ofeconometrics.[1] It is an independent organization with no connections to societies of professional mathematicians or statisticians.
It was founded on December 29, 1930, at theStatler Hotel inCleveland, Ohio. Its first president wasIrving Fisher.[2]
As of 2014, there are about 700 elected fellows of the Econometric Society, making it one of the most prevalent research affiliations.[3] New fellows are elected each year by the current fellows.[4]
The sixteen founding members wereRagnar Frisch,Charles F. Roos,Joseph A. Schumpeter,Harold Hotelling,Henry Schultz,Karl Menger,Edwin B. Wilson,Frederick C. Mills,William F. Ogburn,J. Harvey Rogers,Malcolm C. Rorty,Carl Snyder,Walter A. Shewhart,Øystein Ore,Ingvar Wedervang andNorbert Wiener.
The Econometric Society sponsors the economicsacademic journalEconometrica and publishes the journalsTheoretical Economics andQuantitative Economics.[5]
The Econometric Society is led by a president, who serves a one-year term. Election as a Fellow of the Econometric Society is considered by much of the economics profession to be an honor.[4]
The Econometric Society sponsors several annual awards, in which the honored member delivers a lecture: