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