Sunday, 10 July 2016
Shirley Montag Almon- - A rare female genius in econometrics
Some months back during my master degree at the university of Lagos, i studied the almon approach to the distributed lag model. It was quite interesting and i fell in love with this technique almost immediately. I never knew the propounder was a woman. A beautiful woman she was when i searched for her online. I also discovered she was dead and she died early. She indeed impacted so much in the field of econometrics even with her short time here on earth. This woman have come to be one of my role models. To Shirley, your work on econometrics would
Shirley Montag Almon (1935–1975) was an economist noted for the Almon Lag. She was educated at Goucher College Baltimore and then for her PhD at Harvard (1964). A core element of her PhD was published in Econometrica (1965) and introduced the now famous technique for estimating distributed lags. She went on to work at the Women's Bureau, the National Bureau of Economic Research, The Federal Reserve Bank of San Francisco, the Federal Reserve Board and at both Wesley College and Harvard University. Her most noted post was her appointment to the staff of the President's Council of Economic Advisors in 1966.
Almon was born on February 6, 1935 in Saxonburg, Pennsylvania, the oldest of seven children of Harold and Dorothea Montag. She married Clopper Almon Jr. on June 14, 1958. She was diagnosed with a brain tumor in December 1967 after four years of various symptoms, and died on September 29, 1975 in College Park, Maryland.
Selected publications Edit
"The distributed lag between capital appropriations and expenditures". Econometrica 33: 178–196. 1965. JSTOR 1911894.
"Lags between investment decisions and their causes". Review of Economics and Statistics 50: 193–206. 1968. JSTOR 1926195.