Econometric analysis of financial and economic time series, Advances in Econometrics

摘要

This book is homage to Sir Clive W.J. Granger and Robert F. Engle III for their gigantic contributions to econometrics, and at the same time congratulating them for receiving the 2003 Prize in Economics in Honour of Alfred Nobel. A group of (mostly younger) authors have contributed studies that in one way or another continue the work of the laureates.rnThe reader first meets an impressive list of the contributions of the two laureates in a formal dedication. Following the editors' introduction, the laureates present their short accounts of how they perceive the creative processes they have been involved in. A quote from Engle's comments: "There is nothing in our chosen career that is as exhilarating as having a good idea. But a very close second is seeing someone develop a wonderful new application from your idea".