“Lucas attended a conference on rational expectations at the University of Minnesota in the spring of 1973. The day after the conference, I received a call from Pittsburgh.Quote by Thomas J SargentTopics: Quotes about Thomas J SargentShare on:FacebookPinterestWhatsApp
There was a danger that skeptics and opponents would misread those likelihood ratio tests as...#Thomas J Sargent
The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium...#Thomas J Sargent