Robert Fry Engle III is an American economist and statistician. He was awarded 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 (ARCH)". The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003, announced October 8, 2003. Robert F. Engle III (1/2), “for methods of analyzing economic time series with time-varying volatility (ARCH)”. Clive W.J. Granger (1/2), “for methods of analyzing economic time series with common trends (cointegration)”. Robert F. Engle III: born 1942, Syracuse, NY, USA. Clive W.J. Granger: born 1934, Swansea, United Kingdom. Wiki link Wiki link Data: the Nobel Foundation (CC0).