Quote by: Thomas J. Sargent

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


Share this:  

Author Bio


  • NameThomas J. Sargent
  • DescriptionAmerican economist
  • BornJuly 19, 1943
  • CountryUnited States Of America
  • ProfessionEconomist
  • AwardsNobel Memorial Prize In Economic Sciences