Â  This proponent of general equilibrium theory and alumni of the same high school as Jimmer Fredette suggested in "A Time To Build" that all short run and long-run changes in output are related to supply shifts caused by changing technology, and a "filter" named for this man and Hodrick allows one to obtain a smoothed non-linear time series representation that is more sensitive in the long run than in the short.
In class, this man notably asks international students if they like rice.Â  This proponent of general equilibrium theory and alumni of the same high school as Jimmer Fredette suggested in "A Time To Build" that all short run and long-run changes in output are related to supply shifts caused by changing technology, and a "filter" named for this man and Hodrick allows one to obtain a smoothed non-linear time series representation that is more sensitive in the long run than in the short. This member of John McCain's "100 economists" wrote the paper "Rules Rather Than Discretion" with Kydland and published the 2005 essay "On the Needed Quantity of Government Debt." For 10 points, name this economist influential in the theory of Real Business Cycles, winner of the 2005 Nobel Prize in Economic Sciences, and hilariously zany old guy.
In class, this man notably asks international students if they like rice.
Edward C. Prescott