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Thomas J. Sargent Quotes
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The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.
Thomas J. Sargent |
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Author Details: Type: Economist Quotes Category: American Economist Quotes Date of Birth: July 19, 1943 Nationality: American Amazon: Thomas J. Sargent on Amazon |
Related Authors:
Milton Friedman Alan Greenspan Thomas Sowell John Kenneth Galbraith Jeffrey Sachs Paul Samuelson Kenneth Joseph Arrow Joseph A. Schumpeter Joseph E. Stiglitz |
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Quote Keywords: Complete, Equilibrium, Expectations, First, Function, Likelihood, Maximize, Most, Optimistic, Rational, Response |
Dictionary Links: Complete, Equilibrium, First, Function, Likelihood, Maximize, Most, Optimistic, Rational, Response |
All Thomas J. Sargent Quotations: In the 1980s, there were occasions... Lucas attended a conference on rational... The first and most optimistic response... There was a danger that skeptics... |
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