Robust Permanent Income and Pricing

October 1999 | Article

Robust Permanent Income and Pricing

Lars Peter Hansen, Thomas J. Sargent, Thomas D. Tallarini, Jr.

“… I suppose there exists an extremely powerful, and, if I may so speak, malignant being, whose whole endeavours are directed toward deceiving me.” Rene Descartes, Meditations, II.

@article{hansen1999robust,
  title={Robust Permanent Income and Pricing},
  author={Hansen, Lars Peter and Sargent, Thomas J and Tallarini, Thomas D and others},
  journal={Review of Economic studies},
  volume={66},
  number={4},
  pages={873--907},
  year={1999}
}