profligately

From profligate +‎ -ly.

profligately (comparative more profligately, superlative most profligately)

1. In a profligate manner.
   • 1980, Sims, Christopher A.: Macroeconomics and Reality, Econometrica 48.1, pp. 1-48; p. 15

     In the next section of this paper we discuss a general strategy for estimating profligately (as opposed to parsimoniously) parameterized macromodels

   • 2018, Lars Ljungqvist and Thomas J. Sargent, Recursive macroeconomic theory, 4th edition, MIT Press, page 233:

     For the purpose of defining a recursive competitive equilibrium, it is useful to note that it is also possible to define the state of the planner's problem more profligately as ${\displaystyle {\tilde {X}}_{t}=\left'}$ with associated decision rule ${\displaystyle n_{t}=-{\tilde {F}}{\tilde {X}}_{t}}$ and law of motion ${\displaystyle {\tilde {X}}_{t+1}=\left({\tilde {A}}-{\tilde {B}}{\tilde {F}}\right){\tilde {X}}_{t}+{\tilde {C}}\epsilon _{t+1}}$.