This drink belongs to a family of drinks named after popular cookies and cakes. It is a common trend of this family for the drink to taste like it's food counter-part. This drink is no different, here is an early printing:
Big Bad-Ass Book of Shots - Page 677 by Paul Knorr in 2004
"154; Carrot Cake"
This drink has always called for the same ingredients. It is difficult to determine where this drink derives, Goldschlager does not claim this drink and like the other members of this family it just became part of american drinking culture. Frangelico also lays no claim to this drink and it does not belong to the frangelico era.
This drink dates between 1998 - 2002 and contained at least as of then:
Stir these ingredients in a mixing tin filled with ice cubes:
Bailey's Irish Cream
Strain into a shot glass.