Likelihood Function Quotes by Thomas J. Sargent

More Quotes by Thomas J. Sargent

Thomas J. Sargent has 10 quotes on this site. A few more worth reading:

• When I was a graduate student, estimating and interpreting distributed lags topped the agenda of macroeconomists and other applied economists.
• In the 1980s, there were occasions when it made sense to say, 'it is too difficult to maximize the likelihood function, and…
• The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it.
• There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models,…
• I think you've got to watch out for anybody in high school who says he wants to become an economist.
• I wasn't the brightest kid, not by a long shot. I was interested in football, in girls, in getting my work done…
• I'm happy to say I am a Harrison-Kreps-Keynesian.
• Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times.

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