Famous Quotes & Sayings

Thomas J. Sargent Quotes & Sayings

Enjoy the top 10 famous quotes, sayings and quotations by Thomas J. Sargent.

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Thomas J. Sargent Quotes 212823

Lucas attended a conference on rational expectations at the University of Minnesota in the spring of 1973. The day after the conference, I received a call from Pittsburgh. — Thomas J. Sargent

Thomas J. Sargent Quotes 1985702

What I really don't like is oversimplification. — Thomas J. Sargent

Thomas J. Sargent Quotes 840707

There was a danger that skeptics and opponents would misread those likelihood ratio tests as rejections of an entire class of models, which of course they were not. — Thomas J. Sargent

Thomas J. Sargent Quotes 1824803

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.' — Thomas J. Sargent

Thomas J. Sargent Quotes 2197837

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

Thomas J. Sargent Quotes 1418679

When I was a graduate student, estimating and interpreting distributed lags topped the agenda of macroeconomists and other applied economists. — Thomas J. Sargent

Thomas J. Sargent Quotes 1483868

Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times. — Thomas J. Sargent

Thomas J. Sargent Quotes 1921839

I'm happy to say I am a Harrison-Kreps-Keynesian. — Thomas J. Sargent

Thomas J. Sargent Quotes 1938451

I wasn't the brightest kid, not by a long shot. I was interested in football, in girls, in getting my work done with the least amount of effort. — Thomas J. Sargent

Thomas J. Sargent Quotes 2088922

I think you've got to watch out for anybody in high school who says he wants to become an economist. — Thomas J. Sargent