Thomas j sargent biography channel

1. Thomas J.

   Sargent - Nobel Laureate in Economics

2. A Leader in the Rational Expectations Revolution
3. Biography of Thomas J. Sargent

Thomas J. Sargent - Nobel Laureate in Economics

Thomas J. Sargent is an American economist and recipient of the Nobel Prize in Economic Sciences in 2011.

He specializes in macroeconomics, monetary economics, and time series econometrics. Alongside Christopher A. Sims, Sargent was awarded the Nobel Prize for their empirical research on causal relationships in macroeconomics.

A Leader in the Rational Expectations Revolution

Sargent is recognized as one of the leaders of the rational expectations revolution, which has become an integral part of macroeconomic analysis.

He argues that policymakers cannot systematically manipulate the economy through predictable policy changes. Sargent made significant contributions to the theory by applying new mathem