Research Funding
Over the period 1984-2000, numerous ESRC-funded research grants were attracted to Nuffield by research teams, including various econometricians from Arellano, Banerjee, Clements, Doornik, Hendry, Mizon, Muellbauer, Nielsen, Shephard and John Walker, totalling almost £2 million in nominal terms.
In rough chronological order from 1984, grants investigated included Expectational Variables and Feedback Mechanisms, Structural Change, Model Evaluation, Economic Policy, Cointegration, Modelling Non-stationarity, Financial Econometrics and Forecasting, the last of which was then supported by a five-year Leverhulme Personal Research Professorship for Hendry.Links to economic historians continued to be important to the econometricians, especially with major data creators like Charles Feinstein (see Feinstein 1972) and Stephen Broadberry (see Section 6 in Offer 2017 and Chapter 4 in this volume by Offer), including joint teaching of a quantitative approach to the UK’s inter-war experience.
Nuffield also acted as a venue for many visiting econometricians, including several visits by (amongst others) Clive Granger, Rob Engle, Adrian Pagan, who was also a Nuffield Fellow for a period (see their interviews by Phillips 1997, Diebold 2003 and Skeels 2016 respectively in Econometric Theory), Paul Ruud, Tom Rothenberg, Anders Rahbek and Gunnar Bardsen.
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