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Cowles Commission (B2, CO)<br />US econometric research centre founded in Colorado Springs in 1932 and then moving to Chicago University in 1939 to avoid the Colorado state income tax which affected its publisher benefactor. It was noted in its early days for the distinctive econometric methodology of HAAVELMo and his followers which concentrated on the problems of simultaneity, identification and estimation.<br /><em>See also:</em> econometrics <br /><em>Reference</em><br />Haavelmo, T. (1944) 'The probability approach in econometrics', Econometrica (Supplement) 12: 1-115.<br /> Hildreth, C. (1986) The Cowles Commission in Chicago, 1935-55, Berlin: Springer Verlag.
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