“There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not.Quote by Thomas J SargentTopics: Quotes about Thomas J SargentShare on:FacebookPinterestWhatsApp
Lucas attended a conference on rational expectations at the University of Minnesota in the spring...#Thomas J Sargent
The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium...#Thomas J Sargent
