Tom Sargent, Professor of Economics (New York University), will talk to the economics department about his influential work on pessimism and uncertainty as source of time-varying risk premia in asset prices.
Professor Sargent is a leading macroeconomist and one of the fathers of the rational expectations revolution. Professor Sargent's work has previously concentrated on implications of rational expectations for empirical econometric research, studies of the natural rate of unemployment, neutrality of real interest rates, dynamic labour demand and empirics of hyper inflation.
Venue: LT5
Date: 18 March 2010
Time: 09:00 – 19:00
