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

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 ...

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 ...