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Beliefs, Doubts and Learning: Valuing Macroeconomic Risk

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  • Lars Peter Hansen

Abstract

The following sections are included:IntroductionRational Expectations and EconometricsStatistical PrecisionRisk Prices and Statistical AmbiguityStatistical ChallengesLearningBeliefs and PreferencesLearning and Uncertainty PremiaExtensionsConclusion
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Suggested Citation

  • Lars Peter Hansen, 2007. "Beliefs, Doubts and Learning: Valuing Macroeconomic Risk," American Economic Review, American Economic Association, vol. 97(2), pages 1-30, May.
  • Handle: RePEc:aea:aecrev:v:97:y:2007:i:2:p:1-30
    Note: DOI: 10.1257/aer.97.2.1
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