Phrase by 'Clive Granger'
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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.
Author: Clive Granger - British EconomistWork , Health , Measure , Investment
Forecasts vary in horizon, from a few seconds up to a few days in financial markets, compared to from one to several months for macro variables. We have to provide uncertainty intervals around the central forecasts to indicate the extent to which we are unclear about the future.
Author: Clive Granger - British EconomistFuture , Financial , Uncertainty , Horizon
Rob Engle and I are concerned with extracting useful implications from economic data, and so the properties of the data are of particular importance.
Author: Clive Granger - British EconomistImportance , Data , Useful , Economic
I preferred to use mathematics in some practical fashion and thought that meteorology sounded promising.
Author: Clive Granger - British EconomistThought , Some , Fashion , Mathematics