The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003
Awarded on: 2003-10-08
"for methods of analyzing economic time series with common trends (cointegration)"
Affiliations:
- University of California – San Diego, CA, USA
Clive W.J. Granger
Born: 1934-09-04 in Swansea, United Kingdom
Gender: male
Field: British economist & Nobel laureate (1934–2009)
Biography
Sir Clive William John Granger was a British econometrician known for his contributions to nonlinear time series analysis. He taught in Britain, at the University of Nottingham and in the United States, at the University of California, San Diego. Granger was awarded the Nobel Memorial Prize in Economic Sciences in 2003 in recognition of the contributions that he and his co-winner, Robert F. Engle, had made to the analysis of time series data. This work fundamentally changed the way in which economists analyse financial and macroeconomic data.