Lars Peter Hansen
Lars Peter Hansen
Lars Peter Hansenis the David Rockefeller Distinguished Service Professor of economics at the University of Chicago and 2013 recipient of the Nobel Memorial Prize in Economics...
NationalityAmerican
ProfessionEconomist
Date of Birth26 October 1952
CountryUnited States of America
economic-models understanding use
I work on the boundary between economics and statistics in this field called econometrics. Part of my interest is understanding how you use statistics in productive ways to analyze dynamic economic models.
action best course early financial mean people problem requires therefore wait
Early on, in discussions of financial oversight, people would say, 'Well, this is a very complicated problem, therefore it requires a complicated solution.' And at that step, I would say, 'Well, wait a minute. Just because it's a complicated problem doesn't mean the best course of action immediately is one that's complicated.'