Thomas J. Sargent

Thomas J. Sargent

Infobox_Economist
school_tradition = New classical macroeconomics
color = #B0C4DE





image_caption =


name = Thomas J. Sargent
birth = birth date and age|1943|7|19
death =
nationality = flag|United States
field = Macroeconomics, monetary economics
influences = Robert Lucas, Jr.
opposed =
influenced =
contributions =

Thomas John "Tom" Sargent (born July 19 1943) is an American economist specializing in the fields of macroeconomics, monetary economics and time series econometrics. He is known as "one of the leaders of the rational expectations revolution" and the author of numerous path-breaking papers. Working with Neil Wallace, Sargent developed the saddle path stability characterization of the rational expectations equilibrium and also produced the Policy Ineffectiveness Proposition.

Sargent earned his B.A. from the University of California, Berkeley in 1964, being the University Medalist as Most Distinguished Scholar in Class of 1964, and his Ph.D. from Harvard in 1968. He held teaching positions at the University of Pennsylvania (1970-1971), University of Minnesota (1971-1987), University of Chicago (1991-1998), Stanford University (1998-2002), and is currently the Berkley Professor of Economics and Business at New York University. He is a Fellow of the Econometric Society since 1976 and, since 1987, a Senior Fellow of the Hoover Institution at Stanford University.

elected Publications

*cite journal | author=Sargent, Thomas J. | title=A Note on the Accelerationist Controversy | journal=Journal of Money, Credit and Banking| year=1971| volume=3|issue=3 | pages=721–25 | doi=10.2307/1991369
*cite journal | author=Sargent, Thomas J. and Neil Wallace| title=The Stability of Models of Money and Growth with Perfect Foresight | journal=Econometrica | year=1973| volume=41|issue=6 | pages=1043–48| doi=10.2307/1914034
*cite book | author=Sargent, Thomas J.| title=Macroeconomic Theory | year=1979, 1987| publisher = New York: Academic Press | id = ISBN 0-126-19750-4
*cite journal | author=Sargent, Thomas J. and Lars P. Hansen| title=Formulating and Estimating Dynamic Linear Rational Expectations Models | journal=Journal of Economic Dynamics and Control| year=1980| volume=2|issue=1 | pages=7–46
*cite journal | author=Sargent, Thomas J. and Neil Wallace| title=Some Unpleasant Monetarist Arithmetic | journal=Federal Reserve Bank of Minneapolis Quarterly Review| year=1981| volume=5|issue=3 | pages=1–17
*Sargent, Thomas J. (1983). “The Ends of Four Big Inflations” in: "Inflation: Causes and Effects", ed. by Robert E. Hall, University of Chicago Press, for the NBER, 1983, p. 41–97.
*cite book | author=Sargent, Thomas J.| title=Dynamic Macroeconomic Theory| year=1987| publisher = Harvard University Press| id = ISBN 0-674-21877-9
*cite journal | author=Sargent, Thomas J. and Albert Marcet| title=Convergence of Least Squares Learning Mechanisms in Self-Referential Linear Stochastic Models| journal=Journal of Economic Theory| year=1989| volume=48 |issue=2
*cite journal | author=Sargent, Thomas J. and Albert Marcet| title=Convergence of Least Squares Learning in Environments with Hidden State Variables and Private Information| journal=Journal of Political Economy| year=1989| volume=97 |issue=6 | doi=10.1086/261603 | pages=251
*cite book | author=Sargent, Thomas J. and Lars Ljungqvist| title=Recursive Macroeconomic Theory | year=2000, 2004| publisher = MIT Press | id = ISBN 0-262-12274-X
*cite journal | author=Sargent, Thomas J. and Lars Hansen| title=Robust Control and Model Uncertainty| journal=American Economic Review| year=2001| volume=91 |issue=2 | pages=60–66

External links

* [http://homepages.nyu.edu/~ts43/ Homepage at the New York University website]


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