Recursive estimation techniques for fixed and completely random models are extended to mixed linear models. The Kalman filter is used to obtain recursive estimators for a two-part random model where ...

The problem of stable computation by forward and backward recursion on three-term, linear, nonhomogeneous recursion relations is outlined. The backward recursive ...

Nearly 90% of Recursive Models of Dynamic Linear Economies was written between 1988 and 1994, and the remaining 10% was completed in 2012, after the authors, Thomas J. Sargent and Lars Peter Hansen, ...

The Nature Index 2025 Research Leaders — previously known as Annual Tables — reveal the leading institutions and countries/territories in the natural and health sciences, according to their output in ...

A common set of mathematical tools underlies dynamic optimization, dynamic estimation, and filtering. In Recursive Models of Dynamic Linear Economies, Lars Peter Hansen and Thomas Sargent use these ...