B.A., Miami University; A.M., Ph.D., Harvard University
Karl Case, In MemoriamProfessor Emeritus of Economics
Professor Case passed away on July 15, 2016, after 34 years of teaching at Wellesley. His research was concerned with the causes and effects of boom and bust cycles in real estate; co-developed Case-Shiller Index, a leading measure of home pricing trends.
Chip Case's research concerned all aspects of the housing market. His work was focused on the relationship between real estate markets and the macroeconomic performance of countries. He was the co-founder with Robert Shiller of the S&P Case-Shiller Index of Real Estate Prices, and was a member of the Standard and Poor's Index Advisory Committee. He was also a senior fellow of the Joint Center for Housing Studies at Harvard University and President of the Boston Economics Club.
He served as a member of the boards of directors of the American Real Estate and Urban Economics Association, the Mortgage Guarantee Insurance Corporation (MGIC), the Depositor's Insurance Fund of Massachusetts, Century Bank, the Lincoln Institute of Land Policy, and the Rapport Institute for Greater Boston.
During the course of his 34-year career at Wellesley College, he taught more than 4,000 students. His teaching focused on urban economics, real estate markets and real estate finance, and public finance. He taught principles of both macro and microeconomics, intermediate microeconomics, statistics, econometrics, and the history of economic thought.
Professor Emeritus Karl E. (Chip) Case died on Friday, July 15, 2016.
To see the department Chair's letter about Chip Case, please click here.
For the Boston Globe obituary, click here.