Mark Watson (economist)
Encyclopedia
Mark W. Watson is a professor of econometrics
and currently teaches at Princeton University
. Prior to coming to Princeton in 1995, Watson served on the economics faculty at Harvard
and Northwestern.
His research focuses on time-series econometrics, empirical macroeconomics, and macroeconomic forecasting.
Watson has published widely-cited articles in these areas and is the co-author of Introduction to Econometrics, a leading undergraduate textbook.
He, along with Tim Bollerslev
, is widely regarded as carrying forward the work of the Nobel Prize-winning economist, Robert F. Engle
, including by Engle himself.
Econometrics
Econometrics has been defined as "the application of mathematics and statistical methods to economic data" and described as the branch of economics "that aims to give empirical content to economic relations." More precisely, it is "the quantitative analysis of actual economic phenomena based on...
and currently teaches at Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
. Prior to coming to Princeton in 1995, Watson served on the economics faculty at Harvard
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
and Northwestern.
His research focuses on time-series econometrics, empirical macroeconomics, and macroeconomic forecasting.
Watson has published widely-cited articles in these areas and is the co-author of Introduction to Econometrics, a leading undergraduate textbook.
He, along with Tim Bollerslev
Tim Bollerslev
Tim Peter Bollerslev is a Danish economist, currently the Juanita and Clifton Kreps Professor of Economics at Duke University. A fellow of the Econometric Society, Bollerslev is known for his ideas for measuring and forecasting financial market volatility and for the GARCH model...
, is widely regarded as carrying forward the work of the Nobel Prize-winning economist, Robert F. Engle
Robert F. Engle
Robert Fry Engle III is an American economist and the winner of the 2003 Nobel Memorial Prize in Economic Sciences, sharing the award with Clive Granger, "for methods of analyzing economic time series with time-varying volatility ".-Biography:Engle was born in Syracuse, New York and went on to...
, including by Engle himself.