Paul Newbold (12 August 1945 – 18 November 2016) was a British

economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...

known for his contributions to

econometrics Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8 ...

and

time series analysis In mathematics Mathematics is an area of knowledge that includes the topics of numbers, formulas and related structures, shapes and the spaces in which they are contained, and quantities and their changes. These topics are represented in m ...

. His most famous contribution was a 1974 paper co-authored with

Clive Granger Sir Clive William John Granger (; 4 September 1934 – 27 May 2009) was a British econometrician known for his contributions to nonlinear time series analysis. He taught in Britain, at the University of Nottingham and in the United States, at t ...

which introduced the concept of spurious regressions. Newbold earned his B.Sc. from

London School of Economics The London School of Economics and Political Science (LSE) is a public university, public research university located in London, England and a constituent college of the federal University of London. Founded in 1895 by Fabian Society members Sidn ...

and his Ph.D. under supervision of George E. P. Box at

University of Wisconsin–Madison A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United Stat ...

. He later was a professor most notably at the

University of Illinois at Urbana–Champaign The University of Illinois Urbana-Champaign (U of I, Illinois, University of Illinois, or UIUC) is a public land-grant research university in Illinois in the twin cities of Champaign and Urbana. It is the flagship institution of the Univer ...

and the

University of Nottingham , mottoeng = A city is built on wisdom , established = 1798 – teacher training college1881 – University College Nottingham1948 – university status , type = Public , chancellor ...

.Tribute to Paul Newbold
he current location of the tribute by Dr Harvey /ref> He also taught courses on time series analysis while on sabbatical at the University of Chicago Graduate School of Business (now the

University of Chicago Booth School of Business The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 N ...

). He has written a very popular and thorough statistics textbook: "Statistics for Business and Economics" along with W L Carlson and B Thorne, now in its 8th edition. He also co-authored with Clive Granger the influential textbook: "Forecasting Economic Time Series" (2nd ed; Academic Press, 1986).

References

1945 births 2016 deaths British economists Time series econometricians Alumni of the London School of Economics University of Wisconsin–Madison alumni People from Sileby {{UK-economist-stub