NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
NBER Reporter: Winter 2004


NBER Researcher Shares Nobel Prize in Economics


NBER Research Associate Robert F. Engle of New York University's Stern School of Business will share the 2003 Nobel Prize in Economics with Clive W. J. Granger.

Engle has been affiliated with the NBER since 1987 and is a member of the Program on Asset Pricing. He and Granger were awarded the prize for their development of statistical techniques used to measure investment risk and to track economic trends.

He now joins a long list of NBER researchers who have received the Prize, including: George Akerlof, Michael Spence, and Joseph E. Stiglitz in 2001; James J. Heckman and Daniel L. McFadden, 2000; Robert C. Merton and Myron S. Scholes, 1997; Robert E. Lucas, Jr., 1995; and Robert W. Fogel, 1993. Other NBER researchers who have won the Nobel Prize in Economics are Simon S. Kuznets,Milton Friedman, Theodore W. Schultz, George J. Stigler, and Gary S. Becker.

 
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