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Thomas Sargent

Global rank #9 99%

Institution: Hoover Institution on War Revolution

Primary Field: Macro (weighted toward more recent publications)

Homepage: https://files.nyu.edu/ts43/public/

First Publication: 1969

Most Recent: 2026

RePEc ID: psa83 ↗

Publication Scores

Scores use coauthorship adjustment: α/n credit per paper, where n = number of authors. α = 2.01: calibrated so average adjusted count equals average raw count (a zero-sum adjustment).

Period S (4x) A (2x) B (1x) C (½x) Total
Last 5 Years 3.02 5.19 5.19 0.00 27.65
Last 10 Years 4.52 8.61 5.87 0.00 41.19
All Time 51.11 43.20 33.85 0.00 326.53

Publication Statistics

Raw Publications 118
Coauthorship-Adjusted Count 132.41

Publications (118)

Year Article Journal Tier Authors
2026 Time Averaging Meets Heckman, Lochner, and Taber and Ben-Porath Review of Economic Dynamics B 4
2025 Returns to Labour Mobility Economic Journal A 3
2025 Costs of Financing U.S. Federal Debt Under a Gold Standard: 1791-1933* Quarterly Journal of Economics S 4
2025 Sources of artificial intelligence Journal of Economic Dynamics and Control B 1
2025 Singles, couples, time-averaging, and taxation Journal of Monetary Economics A 4
2025 Macroeconomics after Lucas Journal of Political Economy S 1
2024 Risk, ambiguity, and misspecification: Decision theory, robust control, and statistics Journal of Applied Econometrics B 2
2024 Critique and consequence Journal of Monetary Economics A 1
2023 Cross-Phenomenon Restrictions: Unemployment Effects of Layoff Costs and Quit Turbulence Review of Economic Dynamics B 3
2022 Structured ambiguity and model misspecification Journal of Economic Theory A 2
2021 Inequality, Business Cycles, and Monetary‐Fiscal Policy Econometrica S 4
2021 Macroeconomic uncertainty prices when beliefs are tenuous Journal of Econometrics A 2
2021 The fundamental surplus strikes again Review of Economic Dynamics B 2
2020 Twisted probabilities, uncertainty, and prices Journal of Econometrics A 4
2019 Commodity and Token Monies Economic Journal A 1
2018 A case for incomplete markets Journal of Economic Theory A 5
2017 Public debt in economies with heterogeneous agents Journal of Monetary Economics A 4
2017 Fiscal Policy and Debt Management with Incomplete Markets Quarterly Journal of Economics S 4
2017 A Life-Cycle Model of Trans-Atlantic Employment Experiences Review of Economic Dynamics B 3
2017 The Fundamental Surplus American Economic Review S 2
2015 Price-level uncertainty and instability in the United Kingdom Journal of Economic Dynamics and Control B 3
2015 Welfare Cost of Business Cycles with Idiosyncratic Consumption Risk and a Preference for Robustness American Economic Journal: Macroeconomics A 2
2015 Four types of ignorance Journal of Monetary Economics A 2
2015 Measuring Price-Level Uncertainty and Instability in the United States, 1850–2012 Review of Economics and Statistics A 2
2014 Fiscal discriminations in three wars Journal of Monetary Economics A 2
2014 Career Length: Effects of Curvature of Earnings Profiles, Earnings Shocks, Taxes, and Social Security Review of Economic Dynamics B 2
2014 The evolution of monetary policy rules Journal of Economic Dynamics and Control B 1
2012 Small noise methods for risk-sensitive/robust economies Journal of Economic Dynamics and Control B 3
2012 Market Prices of Risk with Diverse Beliefs, Learning, and Catastrophes American Economic Review S 3
2012 A DEFENSE OF THE FOMC International Economic Review B 2
2012 Three types of ambiguity Journal of Monetary Economics A 2
2012 Nobel Lecture: United States Then, Europe Now Journal of Political Economy S 1
2011 Interest Rate Risk and Other Determinants of Post-WWII US Government Debt/GDP Dynamics American Economic Journal: Macroeconomics A 2
2011 Robustness and ambiguity in continuous time Journal of Economic Theory A 2
2011 A Labor Supply Elasticity Accord? American Economic Review S 2
2011 Two Illustrations of the Quantity Theory of Money: Breakdowns and Revivals American Economic Review S 2
2011 Where to Draw Lines: Stability Versus Efficiency Economica C 1
2011 Israel 1983: A bout of unpleasant monetarist arithmetic? Review of Economic Dynamics B 2
2010 Inflation-Gap Persistence in the US American Economic Journal: Macroeconomics A 3
2010 Robust hidden Markov LQG problems Journal of Economic Dynamics and Control B 3
2009 Doubts or variability? Journal of Economic Theory A 3
2009 The Conquest of South American Inflation Journal of Political Economy S 3
2008 The market price of risk and the equity premium: A legacy of the Great Depression? Journal of Monetary Economics A 2
2008 Robustness and U.S. Monetary Policy Experimentation Journal of Money, Credit, and Banking B 4
2008 Taxes, benefits, and careers: Complete versus incomplete markets Journal of Monetary Economics A 2
2008 Evolution and Intelligent Design American Economic Review S 1
2007 ABCs (and Ds) of Understanding VARs American Economic Review S 4
2007 Recursive robust estimation and control without commitment Journal of Economic Theory A 2
2007 Understanding European unemployment with matching and search-island models Journal of Monetary Economics A 2
2007 Understanding European unemployment with a representative family model Journal of Monetary Economics A 2
2007 Foreword American Economic Review S 1
2007 Benefits from U.S. Monetary Policy Experimentation in the Days of Samuelson and Solow and Lucas Journal of Money, Credit, and Banking B 3
2006 Introduction to model uncertainty and robustness Journal of Economic Theory A 5
2006 Robust control and model misspecification Journal of Economic Theory A 4
2006 Shocks and Government Beliefs: The Rise and Fall of American Inflation American Economic Review S 3
2005 The conquest of US inflation: Learning and robustness to model uncertainty Review of Economic Dynamics B 2
2005 Drift and Volatilities: Monetary Policies and Outcomes in the Post WWII U.S. Review of Economic Dynamics B 2
2005 Bayesian fan charts for U.K. inflation: Forecasting and sources of uncertainty in an evolving monetary system Journal of Economic Dynamics and Control B 3
2005 Robust estimation and control under commitment Journal of Economic Theory A 2
2005 Knowing the Forecasts of Others Review of Economic Dynamics B 2
2005 Impacts of Priors on Convergence and Escapes from Nash Inflation Review of Economic Dynamics B 2
2003 Robust control of forward-looking models Journal of Monetary Economics A 2
2002 Optimal Taxation without State-Contingent Debt Journal of Political Economy S 4
2002 Escaping Nash Inflation Review of Economic Studies S 3
2002 Robustness and Pricing with Uncertain Growth The Review of Financial Studies A 4
2001 Saving and pension reform in general equilibrium models Oxford Review of Economic Policy C 3
2001 Robust Control and Model Uncertainty American Economic Review S 2
2001 Acknowledging Misspecification in Macroeconomic Theory Review of Economic Dynamics B 2
1999 Projected U.S. Demographics and Social Security Review of Economic Dynamics B 3
1999 Robust Permanent Income and Pricing Review of Economic Studies S 3
1999 A primer on monetary and fiscal policy Journal of Banking & Finance B 1
1998 The European Unemployment Dilemma Journal of Political Economy S 2
1997 Coinage, debasements, and Gresham's laws Economic Theory B 2
1996 Expectations and the nonneutrality of Lucas Journal of Monetary Economics A 1
1995 The Swedish unemployment experience European Economic Review B 2
1995 Welfare States and Unemployment. Economic Theory B 2
1995 Macroeconomic Features of the French Revolution. Journal of Political Economy S 2
1993 On the preservation of deterministic cycles when some agents perceive them to be random fluctuations Journal of Economic Dynamics and Control B 3
1993 Seasonality and approximation errors in rational expectations models Journal of Econometrics A 2
1991 Equilibrium with signal extraction from endogenous variables Journal of Economic Dynamics and Control B 1
1990 Money as a medium of exchange in an economy with artificially intelligent agents Journal of Economic Dynamics and Control B 3
1989 Interpreting new evidence about China and U.S. silver purchases Journal of Monetary Economics A 2
1989 Convergence of least squares learning mechanisms in self-referential linear stochastic models Journal of Economic Theory A 2
1989 Convergence of Least-Squares Learning in Environments with Hidden State Variables and Private Information. Journal of Political Economy S 2
1989 Two Models of Measurements and the Investment Accelerator. Journal of Political Economy S 1
1988 Straight time and overtime in equilibrium Journal of Monetary Economics A 2
1988 Models of business cycles : A review essay Journal of Monetary Economics A 2
1988 The Fate of Systems with "Adaptive" Expectations. American Economic Review S 2
1987 Irrelevance of Open Market Operations in Some Economies with Government Currency Being Dominated in Rate of Return. American Economic Review S 2
1985 Interest on reserves Journal of Monetary Economics A 2
1984 Autoregressions, Expectations, and Advice. American Economic Review S 1
1983 A model of commodity money Journal of Monetary Economics A 2
1982 Instrumental variables procedures for estimating linear rational expectations models Journal of Monetary Economics A 2
1982 Beyond Demand and Supply Curves in Macroeconomics. American Economic Review S 1
1982 The Real-Bills Doctrine versus the Quantity Theory: A Reconsideration. Journal of Political Economy S 2
1981 A note on Wiener-Kolmogorov prediction formulas for rational expectations models Economics Letters C 2
1981 Interpreting Economic Time Series. Journal of Political Economy S 1
1980 Formulating and estimating dynamic linear rational expectations models Journal of Economic Dynamics and Control B 2
1979 A note on maximum likelihood estimation of the rational expectations model of the term structure Journal of Monetary Economics A 1
1979 Causality, Exogeneity, and Natural Rate Models: Reply to C. R. Nelson and B. T. McCallum. Journal of Political Economy S 1
1978 A little bit of evidence on the natural rate hypothesis from the U.S. Journal of Monetary Economics A 2
1978 Seasonality and portfolio balance under rational expectations Journal of Monetary Economics A 2
1978 Rational Expectations, Econometric Exogeneity, and Consumption. Journal of Political Economy S 1
1978 Estimation of Dynamic Labor Demand Schedules under Rational Expectations. Journal of Political Economy S 1
1976 Rational expectations and the theory of economic policy Journal of Monetary Economics A 2
1976 Econometric exogeneity and alternative estimators of portfolio balance schedules for hyperinflations : A note Journal of Monetary Economics A 1
1976 Response to Rodney Jacobs Journal of Monetary Economics A 1
1976 A Classical Macroeconometric Model for the United States. Journal of Political Economy S 1
1976 The Observational Equivalence of Natural and Unnatural Rate Theories of Macroeconomics. Journal of Political Economy S 1
1975 The response of interest rates to expected inflation in the MPS model Journal of Monetary Economics A 3
1975 "Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule. Journal of Political Economy S 2
1974 The Elasticity of Substitution and Cyclical Behavior of Productivity, Wages, and Labor's Share. American Economic Review S 2
1973 Monetary and Fiscal Policy in a Two-Sector Aggregative Model. American Economic Review S 2
1973 Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment Brookings Papers on Economic Activity B 1
1973 "Rational Expectations": A Correction Brookings Papers on Economic Activity B 1
1972 Anticipated Inflation and the Nominal Rate of Interest Quarterly Journal of Economics S 1
1970 Money Within the General Framework of the Economic System: Discussion. American Economic Review S 1
1969 Commodity Price Expectations and the Interest Rate Quarterly Journal of Economics S 1