The Korea Times close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Business
  • Tech
  • Bio
  • Companies
Finance
  • Companies
  • Economy
  • Markets
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
Entertainment
& Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
Sports
World
  • SCMP
  • Asia
Video
  • Culture
  • People
  • News
Photos
  • Photo News
  • Darkroom
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Sat, May 21, 2022 | 11:16
Nobel laureate to teach at SNU
Posted : 2012-05-28 18:55
Updated : 2012-05-28 18:55
Print Preview
Font Size Up
Font Size Down

Thomas Sargent
By Na Jeong-ju

Thomas Sargent, an American economist who won the Nobel Memorial Prize in Economic Sciences in 2011 together with Christopher Sims, will teach at Seoul National University (SNU) beginning this year.

The school said Monday Sargent, 69, currently a professor of New York University, will teach macroeconomics at SNU as a full-time professor for two years beginning the second semester of this year.

The economist has been serving as an advisor to the Bank of Korea since 2007.

“We are very proud to announce that Sargent has decided to join SNU,” said Park Myung-jin, the school’s vice president of education. “He will teach students as a full-time professor and conduct joint research with SNU faculty on various fields of economics.”

Sargent is expected to receive some 1.5 billion won ($1.27 million) annually, including salaries and research funds.

He is the first Nobel Prize laureate to teach at SNU as a professor. The school said it has set aside some 23 billion won to hire renowned scholars worldwide as part of a plan to become one of the world’s best research-oriented universities.

Sargent won the Nobel Prize, together with Princeton University’s Sims, for their empirical research on cause and effect in the macroeconomy.

He taught at the University of Minnesota from 1975 to 1987, at the University of Chicago from 1992 to 1998 and at Stanford University from 1998 to 2002 before joining NYU. He has been a senior fellow at the Hoover Institution since 1987.

He earned his B.A. at UC Berkeley in 1964 and his Ph.D. at Harvard University in 1968. He specializes in the fields of macroeconomics, monetary economics and time-series econometrics.

Leading Korean universities have invited distinguished foreign scholars, including Nobel Prize laureates, as part of a government-led drive to upgrade the quality of the country’s higher education. The Ministry of Education, Science and Technology has financed the invitations of world-class scholars by local universities as well as their participation in research projects.

SNU said Charles Lee, a professor of Harvard Medical School, and Kyoungwon Seo, an economics professor from Northwestern University, will also teach at SNU beginning in the second semester of this year.
Emailjj@koreatimes.co.kr Article ListMore articles by this reporter
 
  • Pro-, anti-Biden demonstrations to be held in front of Hyatt hotel
  • S-Oil CEO apologizes for deadly refinery explosion in Ulsan
  • Biden arrives in South Korea for first summit with Yoon
  • South Korea-Japan relations in the shadow of Ukraine
  • Samsung, LG expand into appliances with pet care features
  • Gov't extends mandatory quarantine for COVID-19 patients for 4 more weeks
  • Yoon, Biden vow to strengthen Korea-US tech alliance
  • Baseball, dogs: What Yoon, Biden have in common
  • Yoon, Biden to discuss Korea-US tech alliance in nuclear energy
  • South Korea's new COVID-19 cases drop for 3rd day
  • Kim Sae-ron apologizes for her alleged DUI incident Kim Sae-ron apologizes for her alleged DUI incident
  • Reality shows raise concerns by zooming in on private lives of people Reality shows raise concerns by zooming in on private lives of people
  • TvN drama 'Rose Mansion' criticized for animal abuse scene TvN drama 'Rose Mansion' criticized for animal abuse scene
  • Former GFriend member Yerin makes solo debut with 'Aria' Former GFriend member Yerin makes solo debut with 'Aria'
  • 'The Roundup' off to record-setting start at box office 'The Roundup' off to record-setting start at box office
DARKROOM
  • People in North Korea trapped in famine and pandemic

    People in North Korea trapped in famine and pandemic

  • 2022 Pulitzer Prize: Bearing witness to history

    2022 Pulitzer Prize: Bearing witness to history

  • Worsening drought puts millions at risk

    Worsening drought puts millions at risk

  • Our children deserve the best

    Our children deserve the best

  • End of mask mandates

    End of mask mandates

The Korea Times
CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Location
  • Media Kit
  • Contact Us
  • Products & Service
  • Subscribe
  • E-paper
  • Mobile Service
  • RSS Service
  • Content Sales
  • Policy
  • Privacy Statement
  • Terms of Service
  • 고충처리인
  • Youth Protection Policy
  • Code of Ethics
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group