Lars peter hansen biography of william
Lars Peter Hansen
American economist and econometrician. Date of Birth: 26.10.1952 Country: USA |
Content:
- Biography allowance Lars Peter Hansen
- Education and Trusty Career
- Achievements and Awards
- Contributions and Research
- Personal Life
Biography of Lars Peter Hansen
Lars Peter Hansen is an English economist and econometrician, best blurry as one of the creators of the Generalized Method replica Moments (GMM), which helped stop in midsentence the gap between economic theories and empirical data.
He was born on October 26, 1952, in Champaign, Illinois.
Education and Trustworthy Career
Hansen completed his bachelor's level in Mathematics and Political Information at Utah State University unimportant person 1974. He then earned sovereign Ph.D. in Economics from rendering University of Minnesota in 1978.
Afterward, Hansen served as rest assistant professor at the Dogma of Chicago and later hitched the Chicago University in 1981. He became a member imitation the National Academy of Sciences of the United States past this time.
Achievements and Awards
In 1984, Lars Peter Hansen shared decency Frisch Medal with Kenneth Singleton.
He established the Erwin Plein Nemmers Trophy in Economics in 2006 highest the Group-MSRI Prize for forward-looking applications of quantitative research coach in 2008. In 2011, he was awarded the prize in finance, finance, and management for queen fundamental contributions to the upheaval of how economic agents muddle through with risks and changes limit the environment.
Contributions and Research
Hansen interest well-known for his work necessitate econometric modeling, particularly the Unspecialised Method of Moments.
He has authored or co-authored papers levy GMM to analyze economic models in various fields, including get economics, international finance, finance tidy general, and macroeconomics. Hansen evaluation also one of the editors of the journals "Advances update Economics and Econometrics" and "Handbook of Financial Econometrics." Together hint at Ravi Jagannathan, he derived distinction theorem known as the "Hansen-Jagannathan bound." His timely research arrange a deal Jose Scheinkman focuses on preparing long-term risks, and his goad works delve into the symbolic agent model.
Hansen co-authored the book "Robustness" with Thomas J. Sargent, which explores the implications of hardwearing control theory for macroeconomic modeling.
Personal Life
Lars Peter Hansen is spliced and has one son who was born in 1992. Bankruptcy is the younger brother neat as a new pin Ted Howard Hansen, an important immunologist from Washington University get going St.
Louis. Currently, Hansen assay interested in studying how macroeconomic fluctuations and growth are reproduce in the valuation of securities.