updates

Author: HumphreyYang

lectures/_static/quant-econ.bib

@@ -3,6 +3,17 @@
 Note: Extended Information (like abstracts, doi, url's etc.) can be found in quant-econ-extendedinfo.bib file in _static/
 ###
 
+@article{evans2005interview,
+  title={An interview with thomas j. sargent},
+  author={Evans, George W and Honkapohja, Seppo},
+  journal={Macroeconomic Dynamics},
+  volume={9},
+  number={4},
+  pages={561--583},
+  year={2005},
+  publisher={Cambridge University Press}
+}
+
 @article{hansen2014nobel,
   title={Nobel lecture: Uncertainty outside and inside economic models},
   author={Hansen, Lars Peter},

lectures/hansen_singleton_1983.md

@@ -29,6 +29,15 @@ kernelspec:
 :depth: 2
 ```
 
+> Evans and Honkapohja: What were the profession’s most important responses
+> to the Lucas Critique?
+> 
+> Sargent: There were two. The first and most optimistic response was complete
+> rational expectations econometrics. A rational expectations equilibrium is a
+> likelihood function. Maximize it.
+>
+> — An Interview with Thomas J. Sargent {cite}`evans2005interview`
+
 ## Overview
 
 This lecture describes how   {cite:t}`hansen1983stochastic` formulated a complete statistical model of asset returns and consumption growth, then estimated its parameters by the method of  maximum likelihood.