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Robert E. Lucas, Jr. retired from teaching in 2015 and is the John Dewey Distinguished Service Professor Emeritus in Economics and the College. He is a Fellow of the Econometric Society, and a member of the American Academy of Arts and Sciences, the American Philosophical Society, and the National Academy Sciences. He is the past president of the Econometric Society and the American Economic ...
I n the late 1960s and early ’70s, Robert E. Lucas, Jr., wrote a number of papers which have rightly been revered as modern classics. For this body of work, Lucas received the Nobel Memorial Prize for Economic Science in the fall of 1995. The purpose of this review is to place Lucas’s work in a historical context and to evaluate the effect ...
17. Juni 2014 · Lucas, Robert E. Publication date 2002 Topics Economic development Publisher Cambridge, Mass. : Harvard University Press Collection printdisabled ; internetarchivebooks; toronto Contributor Internet Archive Language English. Includes bibl ...
Nancy L. Stokey, Robert E. Lucas, Jr., and Edward C. Prescott develop the basic methods of recursive analysis and emphasize the many areas where they can usefully be applied. After presenting an overview of the recursive approach, the authors develop economic applications for deterministic dynamic programming and the stability theory of first-order difference equations.
Human Capital and Growth by Robert E. Lucas Jr.. Published in volume 105, issue 5, pages 85-88 of American Economic Review, May 2015, Abstract: This paper describes a growth model with the property that human capital accumulation can account for all observed growth.
9. März 2022 · Fifty years have passed since the Journal of Economic Theory published Robert E. Lucas’s seminal paper ( 1972) on expectations and the neutrality of money. 1 The influence this contribution exerted on how we today think about macroeconomic theory and methodology proved to be so profound and far-reaching that it is still one of the core works ...
through personal interactions and studying his work, Lucas taught me to think about economics. Keywords: expectations, approximations, inflation, unemployment, time series, equilibria 1. Introduction Starting in 1966, Robert E. Lucas, Jr. and other friends generously taught me about macroeconomics. This paper tells how in the early 1970s ...
