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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 ...
In memoriam: Robert E. Lucas (1937-2023) May 2023. The Barcelona School of Economics community mourns the loss of Robert E. Lucas, long-time member of the BSE Scientific Council and one of the world's most distinguished economists. Professor Lucas made many significant contributions to economic thought during his career, but it was his ground ...
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 ...
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.
Robert E. Lucas was born in 1937 in Yakima, Washington. An undergraduate degree in history at Chicago was followed by a PhD from the same institution in 1964. The topic of his thesis was the degree of capital-labour substitution. P. Clerc University of Liège, Liège, Belgium. e-mail: pierrick.clerc@uliege.be.
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 ...
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.
