Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003
Photo from the Nobel Foundation archive.
Robert F. Engle III
Prize share: 1/2
Photo from the Nobel Foundation archive.
Clive W.J. Granger
Prize share: 1/2
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003 was divided equally between Robert F. Engle III "for methods of analyzing economic time series with time-varying volatility (ARCH)" and Clive W.J. Granger "for methods of analyzing economic time series with common trends (cointegration)"
Six prizes were awarded for achievements that have conferred the greatest benefit to humankind. The 10 laureates' work and discoveries range from optogenetics to efforts to promote peace and international law.
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