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Labor market expert to discuss forecasting

March 19, 2010

KALAMAZOO--As labor markets continue to reel in the wake of the "Great Recession," an expert in the area will talk about the methods and difficulty of forecasting labor trends on Wednesday, March 24, at Western Michigan University.

Dr. Herman O. Stekler, research professor of economics at George Washington University, will speak from 3 to 4:30 p.m. in Room 3508 of Knauss Hall as part of the 46th annual Werner Sichel Lecture Series.

Stekler has done extensive research in the field of forecasting with an emphasis on forecast evaluations and the forecasting process. He completed his doctoral degree at Massachusetts Institute of Technology and has wide experience in both academia and government. He has taught at the University of California-Berkeley and Stony Brook University in addition to George Mason University. He was an economist on the Board of Governors of the Federal Reserve System and a staff economist at the Institute for Defense Analyses. He also served on the President's Council on Wage and Price Stability.

In 2001, Stekler was selected as an honorary fellow of the International Institute of Forecasters, serving as director from 2001 to 2004. He has been an associate editor of International Journal of Forecasting since 1987.

Stekler has published three books and numerous research articles. His papers have appeared in American Economic Review, Econometrica, Economic Inquiry, International Journal of Forecasting, Journal of the American Statistical Association, Journal of Business, Journal of Forecasting and Review of Economics and Statistics.

The Werner Sichel Lecture Series is organized by the WMU Department of Economics and named in honor of longtime WMU economics professor, Dr. Werner Sichel, who retired in 2004. The series is cosponsored by the W. E. Upjohn Institute for Employment Research.

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Media contact: Mark Schwerin, (269) 387-8400, mark.schwerin@wmich.edu

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