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Memoir

Eugene Philip Howrey
Regent's Proceedings 318

E. Philip Howrey, Ph.D., professor of economics, professor of statistics, and
research scientist in the College of Literature, Science, and the Arts, retired
from active faculty status on December 31, 2004.

Professor Howrey received his A.B. degree from Drake University in 1959
and his Ph.D. degree from the University of North Carolina-Chapel Hill in
1964. From 1964-73 he served on the faculties of Princeton University and
the University of Pennsylvania. He joined the University of Michigan
faculty as a professor of economics in 1973 and received additional
appointments as professor of statistics in 1977 and research scientist in 1979.

Professor Howrey has made distinguished contributions to time series
econometrics, forecasting, and the analysis of aggregate business conditions.
His research meshed contributions to econometric theory with applications
to important issues in economic policy. Professor Howrey's early work
focused on how to take into account randomness in macroeconomic policy
analysis. More recently, he has explored how to use imperfectly measured
economic variables for forecasting and policy analysis. Throughout his
career, his research has addressed the problem of prediction of
macroeconomic aggregates.

Since 1980, Professor Howrey has been associated with the Research
Seminar in Quantitative Economics-the forecasting program of the
economics department known by its acronym: RSQE. He served as chair of
the Model Comparison Seminar, which is an international project whose
purpose is to compare and improve macroeconomic forecasting models. He
has collaborated with modeling groups at numerous centers of economic
modeling activity throughout the United States. A beloved teacher and
advisor, Professor Howrey caused many students to consider econometrics
to be their favorite subject.

The Regents salute this distinguished scholar by naming E. Philip Howrey
professor emeritus of economics, professor emeritus of statistics, and
research scientist emeritus.