GRANGER (Clive William John). &
HATANKA (M.)
Spectral Analysis of Economic Time Series.
The first book by the Nobel prize winning British economist Clive W.J. Granger. ‘In 1959, after receiving his PhD, Granger accepted a Harkness fellowship to attend Princeton University and participate in the Econometric Research Project of Oskar Morgenstern. His first book resulted from this work in 1964, Spectral Analysis of Economic Time Series with Michio Hatanaka. An article published in Econometrica in 1966 based on the same research introduced new methods in time series analysis’ (Economic Thinkers: A Biographical Encyclopedia, p.109).
Granger was awarded the 2003 Nobel Prize in economic sciences for his contribution towards the development of ‘methods of analysing economic time series with common trends (cointegration)’.
