The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003
Robert F. Engle III, Clive W.J. Granger
Interview with Professor Clive W.J. Granger at the 3rd Meeting in Economic Sciences in Lindau, Germany, August 2008. The interviewer is Adam Smith, Editor-in-Chief of Nobelprize.org.
Clive Granger discusses being awarded the Prize in Economic Sciences, retirement and his subsequent research in long term forecasting. He then recalls his early education (4:23), explaining why his PhD topic was in Economic Time Series (7:11), how this work parlays into other academic fields (10:31), his decision to move to the University of California (19:17), and the atmosphere there which helped galvanized his discovery of cointegration (25:29). He concludes by listing what he perceives to be the new frontiers of economic research (29:23).
Interview with the 2003 Economics Laureates, Clive W.J. Granger and Robert F. Engle III, December 11, 2003. Interviewers are Professor Karl-Gustaf Löfgren, Umeå University, and Assistant Professor Anne-Sophie Crépin, Stockholm University.
The Laureates talk about their different backgrounds and studies, how a day at work may look like (4:48), how they made their discovery (7:47), the developments in econometrics (13:32) and about their respective hobbies and family life (19:02).