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In 1995, Robert E. Lucas was awarded the Nobel Memorial Prize for Economic Science. This review places Lucas's work in a historical context and evaluates the effect of this work on the economics profession. Lucas's central contribution is that he developed and applied economic theory to answer substantive questions in macroeconomics. Economists today routinely analyze systems in which agents ...
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 ...
Investment under uncertainty. RE Lucas Jr, EC Prescott. Econometrica: Journal of the Econometric Society, 659-681. , 1971. 1603. 1971. Adjustment costs and the theory of supply. RE Lucas Jr. Journal of political economy 75 (4, Part 1), 321-334.
1. Sept. 2004 · Lectures on Economic Growth. Robert E. Lucas, Jr. Paperback. ISBN 9780674016019. Publication date: 09/01/2004. In this book the Nobel Prize-winning economist Robert Lucas collects his writings on economic growth, from his seminal On the Mechanics of Economic Development to his previously unpublished 1997 Kuznets Lectures. View More.
“Supply-Side Economics: An Analytical Review,” Robert E. Lucas, Jr., Oxford Economic Papers, (1990) 42(2), pp. 293-316. “ Why Doesn’t Capital Flow from Rich to Poor Countries? ,” American Economic Review , (1990) 80 (2, Papers and Proceedings of the 102nd Annual Meeting of the American Economic Association), pp. 92-96.
18. Mai 2023 · E conomics is full of equations named after their inventor. Robert Lucas, who died on May 15th aged 85, was different. His name graces something edgier: a “critique”. When he presented an ...
Robert E. Lucas, 2009. "Trade and the Diffusion of the Industrial Revolution," American Economic Journal: Macroeconomics, American Economic Association, vol. 1 (1), pages 1-25, January. citation courtesy of. Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to ...
