👉 Grangerism is a statistical method used in econometrics to estimate the conditional correlation between two variables, assuming that there is no autocorrelation between them. This method can be used for estimating the conditional mean of one variable given another and its conditional variance. Granger's method was first introduced by Richard E. Granger in 1950. It has since become an important tool in econometrics and has been applied to a wide range of statistical problems, including time series analysis, forecasting
