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Clive Granger Quotes


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Quotes by Clive Granger

Showing 1-10 of 14 Quotes by Clive Granger

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

~Clive Granger

Topics: Become Data Difficulty Illustrate Inadequate Long-Run Mother Never Successful Teacher Which Would

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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

Topics: Around Boat Bouncing Difficult Economy Journey Large Like Market Ocean Rough Row Sea Small Stock Stock Market Very Whereas Without

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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.

~Clive Granger

Topics: Because Born Boy Had John Liked Mother Musician Name Named Names Popular September Some Time Traditional Wales Were William I Was Born

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I preferred to use mathematics in some practical fashion and thought that meteorology sounded promising.

~Clive Granger

Topics: Fashion Mathematics Practical Preferred Promising Some Thought Use

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

~Clive Granger

Topics: Anywhere As Far As Could Family Far First Go Person Tell Tree University

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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

Topics: About Although Completing Degree Excellent Harry Knew Little Mathematician Pitt Professor Pure Started Statistics Supervisor Topic Very Who

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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.

~Clive Granger

Topics: Although Applied Been California Certainly Change Considering Diego Had Offered Over Professor San San Diego Scene Starting Statistics Studies Thought Twenty Undergraduate Unhappy University University Of California Worth Years

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

~Clive Granger

Topics: Considered Data Economic Know Many Myself Rob Series Time Type Types

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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.

~Clive Granger

Topics: Based Constant Economic Expected Extended Form Potentially Property Ratio Series Some Theory Two Useful Way Will Ahead

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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

Topics: Am Economics First Formal Little Nobel Nobel Prize Prize Say Think Training True Winner I Think I Am

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Biography

Nationality: British

Type: Economist

Born: September 4th, 1934

Died: May 27th, 2009

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