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Economics for Lucas is about people and how they decide what to do. “Anything that happens in the economy happens because people do this or that or something else,” he continues. “If we’re trying to understand that, we have to get inside those people and ask what they’re thinking. The rational expectations answer is they’re thinking ...
7. Juli 2015 · Interview: A conversation with Robert E. Lucas, Jr., nobel laureate in economics, 1995 New Zealand Economic Papers. Optimal price-level drift under commitment in the canonical New Keynesian model Canadian Journal of Economics. Price setting frequency and the Phillips curve European Economic Review.
22. Mai 2023 · We are saddened that professor Robert E. “Bob” Lucas Jr. passed away on Monday, May 15, 2023. Since the early 1970s, the Research Division of the Federal Reserve Bank of Minneapolis has had the privilege to establish a close collaboration with Bob that has influenced and transformed generations of economists and policymakers.
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19. Mai 2023 · 6 min. Robert E. Lucas Jr., a Nobel laureate who helped set in motion a seismic shift in economic thought by challenging assumptions about the power of government intervention to change the course ...
26. Sept. 2020 · Lucas, Robert E. Lars Wächter 2 Chapter; First Online: 26 September 2020; 3430 Accesses. Zusammenfassung * 15.09.1937 in Yakima, Washington (USA) ∎ US-amerikanischer Ökonom ∎ Wirtschaftsnobelpreisträger 1995 ∎ bedeutendster Vert ...
By ROBERT E. LUCAS, JR.*. Macroeconomics was born as a distinct field in the 1940’s, as a part of the intellectual re-sponse to the Great Depression. The term then referred to the body of knowledge and expertise that we hoped would prevent the recurrence of that economic disaster. My thesis in this lecture is that macroeconomics in this ...
