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Clive Granger Quotes
Clive Granger Quotes
Clive Granger
British
Economist
Born:
Sep 4
,
1934
Died:
May 27
,
2009
Data
Economic
Economics
First
Mother
Thought
Related authors:
Adam Smith
Alan Greenspan
E. F. Schumacher
John Kenneth Galbraith
John Maynard Keynes
Milton Friedman
Paul A. Volcker
Thomas Sowell
As far as I could tell, I was the first person anywhere in my family tree to go to university.
Clive Granger
Family
First
Tree
Tell
Could
First-Person
Go
Person
As Far As
Anywhere
Far
University
On completing my degree, I started a Ph.D. in statistics, although I knew very little about the topic. My supervisor was Professor Harry Pitt, who was an excellent pure mathematician and probabilist.
Clive Granger
Degree
Pure
Harry
Completing
Topic
Statistics
About
Excellent
Supervisor
Knew
Although
Mathematician
Very
Pitt
Little
Who
Professor
Started
There are many types of economic data, but the type considered by Rob Engle and myself is know as time series.
Clive Granger
Time
Myself
Type
Types
Considered
Data
Economic
Rob
Know
Many
Series
I think it is true to say that I am not the first Nobel Prize winner in economics to have little formal training in economics.
Clive Granger
Training
Winner
First
Economics
Think
Say
Nobel
Nobel Prize
True
Am
Prize
Formal
Little
I wonder if economics has less basic core material than is necessary for fields such as mathematics, physics, or chemistry, say.
Clive Granger
Mathematics
Physics
Economics
Chemistry
Say
Material
Wonder
Than
Fields
Less
Basic
Necessary
Core
I work with the macro economy, which involves the major variables that measure the health of the whole economy, such as total consumption, investment, income, employment, and inflation.
Clive Granger
Work
Health
Inflation
Total
Variables
Investment
Consumption
Major
Economy
Involves
Employment
Which
Measure
Whole
Income
Rob Engle and I are concerned with extracting useful implications from economic data, and so the properties of the data are of particular importance.
Clive Granger
Data
Properties
Economic
Implications
Rob
Particular
Importance
Concerned
Useful
I preferred to use mathematics in some practical fashion and thought that meteorology sounded promising.
Clive Granger
Mathematics
Fashion
Thought
Promising
Some
Practical
Preferred
Use
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