Ray C. Fair John M. Musser Professor of Economics ray.fair@yale.edu Ray C. Fair's Website View full profile on Yale’s Department of Economics website. Education PhD, Massachusetts Institute of Technology, 1968 BA, Fresno State College, 1964 Selected Works Articles The Financial Crisis and Macroeconomic Activity: 2008-2013 R. Fair 2014 Reflections on Macroeconometric Modeling R. Fair 2014 Working Papers Has Macro Progressed? R. C. Fair 2009 Possible Macroeconomic Consequences of Large Future Federal Government Deficits R. C. Fair 2009