Becker Friedman Institute
for Research in Economics
The University of Chicago

Research. Insights. Impact. Advancing the Legacy of Chicago Economics.

Robust Permanent Income and Pricing

October 1999
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.

Publication Type: 
Article
Journal: 
Review of Economic Studies
Volume: 
66
Issue Number: 
4
Pages: 
873-907