Thomas Sargent

rational-expectations macro; structural estimation.

Emeritus professor at New York University's Stern School of Business and a senior fellow at the Hoover Institution. Awarded the Nobel Memorial Prize in Economic Sciences in 2011 (with Christopher Sims) for empirical research on cause and effect in macroeconomics. Best known for applying rational expectations to policy analysis, the 'ends of big inflations' fiscal thesis, and robust-control frameworks for model uncertainty.