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2013. "Recursive Models of Dynamic Linear Economies." Princeton University Press. Among other honors, he received the 2010. His contributions and current research interests are outlined in a December 2015 interview appearing in The Region, a publication of the Federal Reserve Bank of Minneapolis. "Formulating and Estimating Dynamic Linear Rational-Expectations Models". Richard, and Robert Hodrick, Hansen applied GMM to study models of asset valuation, identifying and clarifying empirical puzzles where real-world financial and economic data were at odds with prevailing academic gether with Ravi Jagannathan he showed that the ratio of any stochastic discount factor 's. References edit "Past PhD Students". Nobel Memorial Prize in Economics. Gently cleanses and purifies skin of impurities and environmental irritants.

He is married to Grace Tsiang (. 2, Part., eds. Chicago: University of Chicago Press.

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Together, Hansen and Tsiang have one son named. He is the David Rockefeller Distinguished Service Professor of economics at the. He also is a member of the American Academy of Arts and Sciences, a distinguished fellow of the Macro Finance Society, and past president of the Econometrics Society. ILL send cheapoair promo code uk yooupon code FOR 15 OFF your next order. Retrieved October 15, 2013. On May 22, 2016, Hansen received an honorary degree from Colby College in Waterville, Maine. Relations where conditional expectations are known to be zero at true parameter values) to construct reasonable, reliable estimators (i.e. For all skin types. He is currently the David Rockefeller Distinguished Service Professor in Economics, Statistics and the College at the University of Chicago. 8 He frequently speaks publicly on the need to address uncertainty in the policy-making process.