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Thomas J. Sargent
Sign in to saveAlso known as Thomas John "Tom" Sargent, Thomas John Sargent
American economist
OverviewAI-generated
Thomas J. Sargent is an American economist, university teacher, and professor. Born in Pasadena in 1943, he holds a Doctor of Philosophy degree and has been educated at Harvard Business School, the University of California, Berkeley, and the University of Pennsylvania. His academic career includes employment at the University of Minnesota, the University of Chicago, the University of Pennsylvania, and New York University. He is also associated with Stanford.
Sargent is a member of the National Academy of Sciences, the American Academy of Arts and Sciences, and the Econometric Society. He has received the Prize in Economic Sciences in Memory of Alfred Nobel, the Erwin Plein Nemmers Prize in Economics, and the Clarivate Citation Laureates. His doctoral students include Martin Eichenbaum and Sagiri Kitao.
His notable works include *Macroeconomic Theory*, *Rational expectations and the theory of economic policy*, *Escaping Nash inflation*, and *Fact or fiction : shortening debt maturity lowers interest costs*. He has published numerous other works in the field of economics.
Synthesized by Vinony from 32 facts across 8 sources: Wikidata, Crossref, Open Library, MusicBrainz, Wikiquote, Nobel Prize, Vinony collections, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.
Person · Open Library
- Works
- 44
Top works
- Fact or fiction : shortening debt maturity lowers interest costs
- Escaping Nash inflation
- Recent U.S. trade policy at the multilateral and bilateral levels
- Rational expectations and the theory of economic policy
- Macroeconomic Theory
via Open Library + Wikidata
Recent publications · Crossref
5 total works indexed
- Analysis of Relative Gene Expression Data Using Real-Time Quantitative PCR and the 2−ΔΔCT Method
· 2001 · cited 163,143x
- The PRISMA 2020 statement: an updated guideline for reporting systematic reviews
· 2021 · cited 84,720x
- U-Net: Convolutional Networks for Biomedical Image Segmentation
· 2015 · cited 59,750x
- STAR: ultrafast universal RNA-seq aligner
· 2012 · cited 51,019x
- UCSF Chimera—A visualization system for exploratory research and analysis
· 2004 · cited 44,306x
via Crossref · CC0
Quotes
- “For policy, the central fact is that Keynesian policy recommendations have no sounder basis, in a scientific sense, than recommendations of non-Keynesian economists or, for that matter, non-economists.”
- “An alternative “rational expectations” view denies that there is any inherent momentum in the present process of inflation. This view maintains that firms and workers have now come to expect high rates of inflation in the future and that they strike inflationary bargains in light of these expectations.”
- “It is paradoxical that an administration that came to office rejecting the whole apparatus of Keynesian economics finds itself presiding over a stream of what threaten to be permanent deficits.”
- “My published work is just a record of my learning. I'm sharing it with people so they won't make the same mistakes that I did. It's been a painful and slow process. My work is like a journey, a journey of discovery.”
- “My recollection is that Bob Lucas and Ed Prescott were initially very enthusiastic about rational expectations econometrics. After all, it simply involved imposing on ourselves the same high standards we had criticized the Keynesians for failing to live up to. But after about five years of doing likelihood ratio tests on rational expectations models, I recall Bob Lucas and Ed Prescott both telling me that those tests were rejecting too many good models.”
- “Q: “Professor Sargent, can you tell me what CD rates will be in two years?”Sargent: “No.””
via Wikiquote · CC BY-SA
Nobel Prize
- The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel2011
“for their empirical research on cause and effect in the macroeconomy”
Shared · 1/2 portion
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Encyclopedic overview
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. He specializes in the fields of macroeconomics, monetary economics, and time series econometrics. As of 2024, he ranks as the 38th most cited economist in the world. 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".
Education
Excerpted from Wikipedia’s “Thomas J. Sargent” article, available under the CC BY-SA 4.0 licence.