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Quote by Thomas J. Sargent

“In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and besides if we do, it will blow our model out of the water.”

Quote by Thomas J. Sargent

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Thomas J. Sargent
Thomas J. Sargent

Thomas J. Sargent is a renowned economist born on July 19, 1943. His research in economics encompasses macroeconomics, econometrics, and monetary economics, among other fields, and has had a profound impact on the development of modern economics. more

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