Condolence : Professor Sir Clive Granger

Professor Sir Clive Granger died on May 27 aged 74. In 2003 he shared the Nobel prize for economics with the American academic Robert Engle for their work on the concept of co-integration – ways of analysing sequences of economic data recorded at regular intervals, known as time series. Granger causality test is another popular econometric test for bi-directional causality. Granger's contribution is unforgettable in the history of economics and econometrics.