NBER researcher shares Nobel Prize in Economics.

• Position: National Bureau of Economic Research - Brief Article

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...