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Description - Recursive Models of Dynamic Linear Economies by Lars Peter Hansen

A guide to the economic modeling of household preferences, from two leaders in the field A common set of mathematical tools underlies dynamic optimization, dynamic estimation, and filtering. In Recursive Models of Dynamic Linear Economies, Lars Peter Hansen and Thomas Sargent use these tools to create a class of econometrically tractable models

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Book Details

ISBN: 9780691180731
ISBN-10: 0691180733
Format: Paperback / softback
(254mm x 178mm x mm)
Pages: 424
Imprint: Princeton University Press
Publisher: Princeton University Press
Publish Date: 29-Jun-2018
Country of Publication: United States

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Author Biography - Lars Peter Hansen

Lars Peter Hansen is the David Rockefeller Distinguished Service Professor at the University of Chicago, where he is also the research director of the Becker Friedman Institute. Thomas J. Sargent is professor of economics at New York University and a senior fellow at the Hoover Institution at Stanford University. His books include Rational Expectations and Inflation and The Conquest of American Inflation (both Princeton). Hansen and Sargent are the coauthors of Robustness (Princeton). Sargent was awarded the Nobel Prize in economics in 2011 and Hansen received it in 2013.

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