Clive Granger quotes

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)
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. View quote
Clive Granger
I preferred to use mathematics in some practical fashion and thought that meteorology sounded promising. View quote
Clive Granger
As far as I could tell, I was the first person anywhere in my family tree to go to university. View quote
Clive Granger
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. View quote
Clive Granger
I wonder if economics has less basic core material than is necessary for fields such as mathematics, physics, or chemistry, say. View quote
Clive Granger
A teacher told my mother that I would never become successful, which illustrates the difficulty of long-run forecasting on inadequate data. View quote
Clive Granger
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. View quote
Clive Granger