Thomas J. Sargent

Thomas J. Sargent
Sargent in 2011
Born	(1943-07-19) July 19, 1943 (age 80) Pasadena, California, U.S.
Nationality	American
Education	University of California, Berkeley (BA) Harvard University (PhD)
Academic career
Institution	Hoover Institution Carnegie-Mellon University University of Pennsylvania University of Minnesota University of Chicago Stanford University New York University Peking University HSBC Business School
Field	Macroeconomics, monetary economics
Doctoral advisor	John R. Meyer
Doctoral students	Robert Litterman Monika Piazzesi Mariacristina De Nardi Ellen McGrattan Lars Peter Hansen Albert Marcet Noah Williams Laura Veldkamp Richard Clarida Danny Quah Sagiri Kitao Martin Eichenbaum Lawrence J. Christiano Greg Kaplan
Influences	John F. Muth Robert E. Lucas, Jr. Christopher A. Sims Neil Wallace
Awards	Nemmers Prize in Economics (1996) NAS Award for Scientific Reviewing (2011) Nobel Memorial Prize in Economic Sciences (2011)
Information at IDEAS / RePEc
Academic background
Thesis	The structure of interest rates (1968)

Thomas J. Sargent
Allegiance	United States
Service/branch	United States Army
Years of service	1968-1969
Rank	Captain[1]

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Macroeconomics
Basic concepts Aggregate demand Aggregate supply Business cycle Deflation Demand shock Disinflation Effective demand Expectations Adaptive Rational Financial crisis Growth Inflation Demand-pull Cost-push Interest rate Investment Liquidity trap Measures of national income and output GDP GNI NNI Microfoundations Money Endogenous Money creation Demand for money Liquidity preference Money supply National accounts SNA Nominal rigidity Price level Recession Shrinkflation Stagflation Supply shock Saving Unemployment
Policies Fiscal Monetary Commercial Central bank Universal basic income
Models IS–LM AD–AS Keynesian cross Multiplier Accelerator Phillips curve Arrow–Debreu Harrod–Domar Solow–Swan Ramsey–Cass–Koopmans Overlapping generations General equilibrium DSGE Endogenous growth Matching theory Mundell–Fleming Overshooting NAIRU
Related fields Econometrics Economic statistics Monetary economics Development economics International economics
Schools Mainstream Keynesian Neo- New Monetarism New classical Real business-cycle theory Stockholm Supply-side New neoclassical synthesis Saltwater and freshwater Heterodox Austrian Chartalism Modern monetary theory Ecological Post-Keynesian Circuitism Disequilibrium Marxian Market monetarism
People François Quesnay Adam Smith Thomas Robert Malthus Karl Marx Léon Walras Knut Wicksell Irving Fisher Wesley Clair Mitchell John Maynard Keynes Alvin Hansen Michał Kalecki Gunnar Myrdal Simon Kuznets Joan Robinson Friedrich Hayek John Hicks Richard Stone Hyman Minsky Milton Friedman Paul Samuelson Lawrence Klein Edmund Phelps Robert Lucas Jr. Edward C. Prescott Peter Diamond William Nordhaus Joseph Stiglitz Thomas J. Sargent Paul Krugman N. Gregory Mankiw
See also Macroeconomic model Publications in macroeconomics Economics Applied Microeconomics Political economy Mathematical economics
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Thomas John Sargent (born July 19, 1943) is an American economist and the W.R. Berkley Professor of Economics and Business at New York University.^[2] He specializes in the fields of macroeconomics, monetary economics, and time series econometrics. As of 2020, he ranks as the 29th most cited economist in the world.^[3] He was awarded the Nobel Memorial Prize in Economics in 2011 together with Christopher A. Sims for their "empirical research on cause and effect in the macroeconomy".^[4]