Clive W.J. Granger

Facts

Clive W.J. Granger

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Clive W.J. Granger
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003

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)."

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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