Personal Comments on Yoon's Discussion of My 1957 Paper

Clive Granger

A chapter in Econometric Analysis of Financial and Economic Time Series, 2006, pp 315-316 from Emerald Group Publishing Limited

Abstract: There is a type of art that is known as “naive,” which can be very simplistic and have a certain amount of charm. Reading about my own work on sunspots published in 1957 also brings to mind the description “naive.” I was certainly naive in thinking that I could undertake a piece of simple numerical analysis and then send it off to a major journal. The world of empirical research was then very simplistic as we had no computer at the University of Nottingham where I was employed, and all calculations had to be done on an electronic calculator and all plots by hand. It was clear that if monthly data for sunspots had been available, I would have been overwhelmed by the quantity of data! Trying to plot by hand nearly 200 years of monthly data is a lengthy task! The computing restrictions also limited the types of model that could be considered.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:eme:aecozz:s0731-9053(05)20032-4

DOI: 10.1016/S0731-9053(05)20032-4

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