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 consumptioneconomyemployment Change image and share on social
I was born in Swansea in the Principality of Wales in September 1934 and named Clive William John Granger. The 'William John' names were traditional Granger boy's names, and my mother liked the name Clive because some popular musician at the time had it. Clive Granger bearboyclive share on social
The stock market is like a small row boat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey. Clive Granger boatbouncedifficult share on social
I preferred to use mathematics in some practical fashion and thought that meteorology sounded promising. Clive Granger fashionmathematicsmeteorology Change image and share on social
I wonder if economics has less basic core material than is necessary for fields such as mathematics, physics, or chemistry, say. Clive Granger basicchemistrycore Change image and share on social
As far as I could tell, I was the first person anywhere in my family tree to go to university. Clive Granger familypersontree Change image and share on social
There are many types of economic data, but the type considered by Rob Engle and myself is know as time series. Clive Granger considerdatumeconomic Change image and share on social
A teacher told my mother that I would never become successful, which illustrates the difficulty of long-run forecasting on inadequate data. Clive Granger datumdifficultyforecast Change image and share on social
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 economicsformalnobel Change image and share on social
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 completedegreeexcellent Change image and share on social
