Albert Rees

**Council on Wage and Price Stability**
CoWPS
Agency overview
Formed	1974
Preceding agency	Pay Board and Price Commission;
Dissolved	1981
Superseding agencies	Office of Information and Regulatory Affairs; Council of Economic Advisors; National Labor Relations Board;
Headquarters	Washington, D.C.
Agency executives	Albert Rees; Alfred E. Kahn;
Parent agency	Executive Office of the President

Albert E. Rees
Albert E. Rees
Born	August 21, 1921; New York City, US
Died	September 5, 1992 (aged 71); University Medical Center of Princeton
Academic career
Institutions	Princeton; University of Chicago;
Field	Labor economics
School or; tradition	Chicago school of economics
Doctoral; advisor	Frederick H. Harbison; H. Gregg Lewis
Doctoral; students	Walter Oi; Orley Ashenfelter; Ronald Oaxaca;
Other notable students	James Heckman
Awards	American Academy of Arts and Sciences; Guggenheim;
Academic background
Alma mater	University of Chicago (Ph.D.); Oberlin College
Thesis	"The effect of collective bargaining on wage and price levels in the basic steel and bituminous coal industries, 1945-1948" (1950)
Academic work
Notable works	Landmark labor study with George P. Shultz; Economics of Work and Pay
Website	http://library.duke.edu/rubenstein/findingaids/rees/

Albert E. Rees (August 21, 1921 – September 5, 1992) was an American economist and noted author. An influential labor economist, Rees taught at Princeton University from 1966 to 1979, while also being an advisor to President Gerald Ford. He was also a former Provost of Princeton and former president of the Alfred P. Sloan Foundation. He was also the first head of the Council on Wage and Price Stability, a short-lived federal agency.

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