An Interview with Thomas J. Sargent

George William Evans () and Seppo Mikko Sakari Honkapohja ()

No CESifo Working Paper No. 1434, CESifo Working Paper Series from CESifo GmbH

Abstract: The rational expectations hypothesis swept through macroeconomics during the 1970’s and permanently altered the landscape. It remains the prevailing paradigm in macroeconomics, and rational expectations is routinely used as the standard solution concept in both theoretical and applied macroeconomic modelling. The rational expectations hypothesis was initially formulated by John F. Muth Jr. in the early 1960s. Together with Robert Lucas Jr., Thomas (Tom) Sargent pioneered the rational expectations revolution in macroeconomics in the 1970s. We interviewed Tom Sargent for Macroeconomic Dynamics.

JEL-codes: E00 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-dge, nep-his, nep-hpe and nep-mac
Date: 2005
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Related works:
Working Paper: An Interview with Thomas J. Sargent (2005)
Journal Article: AN INTERVIEW WITH THOMAS J. SARGENT (2005)
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