Phrase by 'Clive Granger'

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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.

Author: Clive Granger - British Economist
  Time , Name , Boy , Mother


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.

Author: Clive Granger - British Economist
  Journey , Small , Sea , Ocean


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.

Author: Clive Granger - British Economist
  I Am , Training , Economics , Winner


A teacher told my mother that I would never become successful, which illustrates the difficulty of long-run forecasting on inadequate data.

Author: Clive Granger - British Economist
  Never , Teacher , Mother , Data


As far as I could tell, I was the first person anywhere in my family tree to go to university.

Author: Clive Granger - British Economist
  Family , Tree , Person , 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.

Author: Clive Granger - British Economist
  Who , Pure , Degree , Statistics


In 1973, I was offered a professorship at the University of California, San Diego. Although I was certainly not unhappy at Nottingham, I had been there over twenty years from starting undergraduate studies to Professor of Applied Statistics and Econometrics, and I thought that a change of scene was worth considering.

Author: Clive Granger - British Economist
  Thought , Change , Worth , Unhappy


There are many types of economic data, but the type considered by Rob Engle and myself is know as time series.

Author: Clive Granger - British Economist
  Myself , Time , Know , Data


A potentially useful property of forecasts based on cointegration is that when extended some way ahead, the forecasts of the two series will form a constant ratio, as is expected by some asymptotic economic theory.

Author: Clive Granger - British Economist
  Will , Way , Ahead , Economic


I wonder if economics has less basic core material than is necessary for fields such as mathematics, physics, or chemistry, say.

Author: Clive Granger - British Economist
  Say , Mathematics , Economics , Chemistry


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