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Computer Operators and Software Engineers at Data Resources Inc: An Oral History (1969-1983)

Author

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  • Francesco Sergi

    (LIPHA - Laboratoire Interdisciplinaire d'étude du Politique Hannah Arendt Paris-Est - UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12 - Université Gustave Eiffel)

Abstract

This article illustrates how computers and software were pivotal for the commercial success of Data Resources Inc. (DRI), one of the main econometric firms in the US during the 1970s and 1980s. DRI was established in 1969 and it was directed until 1984 by Harvard economist Otto Eckstein. Relying on his academic network, Eckstein was able to build a large-scale macroeconometric model for DRI, which produced economic forecasts sold to businesses and the government. In this paper, we highlight how the computer infrastructure at DRI was organized to perform macroeconometric modelling, as well as many other commercial activities related to economic analysis and econometrics. We argue that DRI is a crucial case study in the history of large-scale macroeconometric modelling, precisely because of their distinctive use of computer tools, including notably the time-sharing technology and their ability to develop new software for economists. These computer-related aspects of DRI practices are documented through interviews with Peter White (a former computer operator and software engineer at DRI), as well as a few other economists who were directly or indirectly involved with DRI's activities.

Suggested Citation

  • Francesco Sergi, 2022. "Computer Operators and Software Engineers at Data Resources Inc: An Oral History (1969-1983)," Post-Print hal-04317123, HAL.
    • Handle: RePEc:hal:journl:hal-04317123
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