Otto Eckstein

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Otto Eckstein (August 1, 1927 – March 22, 1984) was a German-born economist at Harvard University, member of the President's Council of Economic Advisers from 1964 to 1966), and co-founder of Data Resources Inc.[1] In 1979 he sold DRI for over $100 million to McGraw Hill.[2] Eckstein held an A.B. from Princeton University and a Ph.D. from Harvard University.

He was a key developer and proponent of the idea of core inflation (Eckstein 1981). A frequent coauthor was Allen Sinai.



  • Eckstein, Otto (1981), Core inflation 
  • Eckstein, Otto (1983), The DRI Model of the U.S. Economy 
  • Eckstein, Otto; Allen Sinai (1990), "1. The Mechanisms of the Business Cycle in the Postwar Period", in Robert J. Gordon, The American Business Cycle: Continuity and Change, University of Chicago Press, ISBN 978-0-226-30453-3 

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