Robert F. Engle III

Facts

Robert F. Engle III

Photo from the Nobel Foundation archive.

Robert F. Engle III
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003

Born: 10 November 1942, Syracuse, NY, USA

Affiliation at the time of the award: New York University, New York, NY, USA

Prize motivation: "for methods of analyzing economic time series with time-varying volatility (ARCH)."

Contribution: Developed methods to study the volatility properties of time series in economics, particular in financial markets. His method (ARCH) could, in particular, clarify market developments where turbulent periods, with large fluctuations, are followed by calmer periods, with modest fluctuations.

Prize share: 1/2

To cite this section
MLA style: Robert F. Engle III – Facts. NobelPrize.org. Nobel Prize Outreach AB 2022. Wed. 19 Jan 2022. <https://www.nobelprize.org/prizes/economic-sciences/2003/engle/facts/>

Back to top Back To Top Takes users back to the top of the page

Nobel Prizes and laureates

Nobel Prizes 2021

Thirteen laureates were awarded a Nobel Prize in 2021, for achievements that have conferred the greatest benefit to humankind.

Their work and discoveries range from the Earth’s climate and our sense of touch to efforts to safeguard freedom of expression.

See them all presented here.
Nobel Prizes 2021

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.