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Thomas J. Sargent - The first and most optimistic...
The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it. (Thomas J. Sargent)

The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.

Thomas J. Sargent

Related topics

complete equilibrium function likelihood rational response econometrics

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