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Review of Sargent's The Conquest of American Inflation

Ramon Marimon

European University Institute, Florence, and Universitat Pompeu Fabra, Barcelona.

Journal of Economic Literature 2000

Sargent's book provides a reinterpretation of the US inflation record over the last half-century, reflecting on how macroeconomic theory has evolved since the beginnings of the rational expectations revolution. It is a basic reference on dynamic macroeconomic theory.

DOI
10.1257/jel.38.2.405
Volume
38 (2)
Pages
405-411
Language
en
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