Nobel Prizes and Laureates

Nobel Prizes and Laureates

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003
Robert F. Engle III, Clive W.J. Granger

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Clive W.J. Granger - Facts

Clive W.J. Granger

Clive W.J. Granger

Born: 4 September 1934, Swansea, United Kingdom

Died: 27 May 2009, San Diego, CA, USA

Affiliation at the time of the award: University of California, San Diego, CA, USA

Prize motivation: "for methods of analyzing economic time series with common trends (cointegration)"

Field: econometrics

Contribution: Developed and applied new statistical methods, based on so-called "cointegration", to differentiate between, and combine the analysis of, short-term fluctuations and long-term trends.

Prize share: 1/2

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This Prize was established in memory of Alfred Nobel.