Wellesley College to hold Memorial Celebration on October 23rd for Karl “Chip” Case, Professor Emeritus and Analysis Group Affiliate
August 24, 2016
Karl E. “Chip” Case passed away on July 15, 2016, at age 69.
Dr. Case, co-creator of the Case-Shiller Index, the widely used measure of housing market trends, was a prominent Analysis Group affiliate for many years and a close friend of many in the firm.
Chip was a Professor of Economics at Wellesley College for 34 years before retiring in 2010. Together with his wife, Susan Case, he hosted dozens of international students attending the school, and mentored many others.
In the mid-1980s, when New England was in the midst of a housing bubble, Dr. Case became fascinated by the skyrocketing real estate values in Massachusetts. He developed a method of comparing repeat sales of the same home, which continues to serve as the basis of the Case-Shiller Index to this day. He subsequently began working with Dr. Robert Shiller, a Yale University economist who was studying the behavioral aspects of economic bubbles. Their collaboration led to the launch of the Case-Shiller Index in 1987.
The Memorial Celebration for Chip Case will be held October 23rd from 2-4 p.m. at the Wellesley College Field House.
In lieu of flowers, the family asks that donations be sent to the Karl E. Case Endowed Faculty Salary and Support Fund at Wellesley College.