Nobel Prize Winner Thomas Sargent to Address Penn Social Science and Policy Forum
NOBEL PRIZE WINNER Thomas J. Sargent will deliver a major lecture to the Penn Social Science and Policy Forum on January 28, 2013. Sargent, the W.R. Berkeley Professor in Economics and Business at New York University, won the 2011 Nobel Prize in Economics with Christopher Sims, for his empirical research on cause and effect in the macroeconomy. Sargent is the author of influential books and articles on the coordination of monetary and fiscal policy, inflation, and unemployment. His work with Nobelist Robert Lucas on rational expectations and macroeconomics was field-defining. His current projects include an examination of persistent unemployment in Europe and a study of the changing behavior of the Federal Reserve since World War II and the responsiveness of the US economy to Fed actions.