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- DescriptionDemonstrates the analytical benefits acquired when an analysis with a representative consumer is possible, they also characterize the restrictiveness of assumptions under which a representative household justifies a purely aggregative analysis.
- Author BiographyLars Peter Hansen is the David Rockefeller Distinguished Service Professor at the University of Chicago, where he is also the research director of the Becker Friedman Institute. Thomas J. Sargent is professor of economics at New York University and a senior fellow at the Hoover Institution at Stanford University. His books include Rational Expectations and Inflation and The Conquest of American Inflation (both Princeton). Hansen and Sargent are the coauthors of Robustness (Princeton). Sargent was awarded the Nobel Prize in economics in 2011 and Hansen received it in 2013.
- Author(s)Lars Peter Hansen,Thomas J. Sargent
- PublisherPrinceton University Press
- Date of Publication28/01/2014
- GenreEconomics: Professional & General
- Series TitleThe Gorman Lectures in Economics
- Place of PublicationNew Jersey
- Country of PublicationUnited States
- ImprintPrinceton University Press
- Content Note20 line illus.
- Weight914 g
- Width178 mm
- Height254 mm
- Spine33 mm
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