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Advances in Theory Based Estimation

The Tepper School celebrated the 25th anniversary of groundbreaking research by two former faculty members with a conference organized around their work in 2007.

Since then, one of the contributors was announced as the 2013 recipient of the 2013 Nobel Prize in Economic Sciences.

Lars Peter Hansen, the David Rockefeller Distinguished Service Professor of Economics at the University of Chicago and former faculty member at Carnegie Mellon University (1978-1981), shares the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with two distinguished research colleagues, Eugene F. Fama, the Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago, and Robert J. Shiller, the Sterling Professor of Economics at Yale University, “for their empirical analysis of asset prices.”.

"Advances in Theory-Based Estimation: A Conference in Honor of Lars Hansen and Ken Singleton" recognized the 25th anniversary of their seminal paper, "Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models," published in the September 1982 edition of the journal Econometrica.

This 25-minute video is an interview with Lars Hansen, in 2007 the Homer J. Livingston Distinguished Service Professor at the University of Chicago, and Ken Singleton, is the Adams Distinguished Professor of Management at Stanford University.

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