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Topic: Robert Lucas


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In the News (Tue 22 Dec 09)

  
  Ohio Historical Society | Ohio Governors
Lucas was again the Jacksonian candidate for governor in 1832 and won the election over Darius Lyman, union candidate of the National Republicans and Anti-Masons, by a majority of over eight thousand votes in a contest fought mainly on the bank question.
Lucas met with the Wyan- dots on their reservation in August, September, and October of 1834, but was unable to obtain their consent to a removal to the west and the cession of their lands to the United States.
Lucas was well qualified for the post, but his administration was embittered by the hostility of an ambitious secretary and the resentment of a legislature jealous of the governor's veto power.
www.ohiohistory.org /onlinedoc/ohgovernment/governors/lucas.html   (1124 words)

  
 Robert Lucas - Wikipedia, the free encyclopedia
Robert Lucas (April 1, 1781–February 7, 1853) was the 12th governor of Ohio, from 1832 to 1836.
Lucas had attained the rank of major general in the Ohio militia during the War of 1812.
Lucas County, Ohio, was established and named for the governor during his second term, in defiance of the Michigan Territory, which also claimed the land around the mouth of the Maumee River — thus provoking the bloodless Toledo War.
www.wikipedia.org /wiki/Robert_Lucas   (121 words)

  
 Federal Reserve Bank of Minneapolis Quarterly Review: Nobel laureate Robert E. Lucas, Jr.: architect ... @ HighBeam ...   (Site not responding. Last check: 2007-11-06)
Lucas, remember, is seeking to create a framework in which a current expansion in the stock of money first creates a surge in real activity, as the evidence suggests actually occurs, but is neutral in the long run.
This is the substance of the 1976 Lucas critique.
Lucas' argument is based on the view that economists simply have no hope of understanding the effect of policies unless we think of policies as choosing among alternative rules.
www.highbeam.com /library/doc0.asp?DOCID=1G1:55166411&refid=ip_encyclopedia_hf   (7687 words)

  
 Lucas family   (Site not responding. Last check: 2007-11-06)
Robert Lucas was born in Virginia, moved to Ohio as a young man, and became involved in local politics.
Robert Lucas was well known for his temper, as governor of the state of Ohio he once came close to bringing Ohio to war with Michigan over boundaries, and as territorial governor of Iowa he almost brought Iowa to war with Missouri during the "Honey War", again over boundaries.
Lucas built Plum Grove in the country south of Iowa City in 1844, and lived there with his wife, Friendly, and several children and grandchildren.
www.uiowa.edu /~plumgrov/lucas.htm   (378 words)

  
 Robert Lucas, Jr. - Wikipedia, the free encyclopedia   (Site not responding. Last check: 2007-11-06)
He is well known for his investigations into the implications of the assumption of rational expectations.
He developed the "Lucas critique" of economic policymaking, which holds that relationships that appear to hold in the economy, such as an apparent relationship between inflation and unemployment, change in response to changes in economic policy.
Lucas, Robert (1981) Studies in Business-Cycle Theory, MIT Press.
en.wikipedia.org /wiki/Robert_Lucas_Jr   (224 words)

  
 [No title]   (Site not responding. Last check: 2007-11-06)
Lucas: Economic theory has come a long long way since the 1930s and Keynesian models aren't economic theories in a modern sense, nor have they been developed further.
Lucas: I guess I wouldn't be willing to call rail-roads a natural monopoly, given the possibility of tracking, road-travel and even boats for shipping cargo.
Lucas: The idea of fooling is not related to governmental policies in general.
galton.uchicago.edu /~wit/lucas.txt   (1746 words)

  
 Robert Lucas wins Nobel Prize in Economics
Lucas' work has had a profound effect on macroeconomics, or the study of the economy as a whole.
Lucas received his A.B. in history in 1959 and his Ph.D. in economics in 1964 from the University.
Lucas is a member of the National Academy of Sciences, a fellow in the American Academy of Arts and Sciences and second vice president of the Econometric Society.
chronicle.uchicago.edu /951012/lucas.shtml   (949 words)

  
 Economic Principals
But for those who like this sort of thing, Lucas provided an exhilarating sketch of the state of current knowledge of the sources of business cycle risk, their potential costs, their distributional effects, and the benefits of stabilization policy.
It is possible to disagree with Lucas' assumption that the economy can't be brought consistently closer to its potential output by sophisticated management.
According to Lucas, it's "excess burden." Now that the stabilization problem is largely solved, he says, reforms that would lead to further gains in economic performance -- on the order of a hundred times greater than the benefits within easy reach of more fine-tuning -- should be on the agenda..
www.economicprincipals.com /issues/03.01.19.html   (845 words)

  
 The Murder Of Robert Lucas
Lucas and his wife came from Lee County, Virginia, where he was born in 1835.
Lucas was a carpenter by trade, and he soon built a large log house and a water-mill, where he ground corn for meal.
This story was presented by the late Mrs Melissa (Lucas) Calmes, whose father was a brother to Robert and Johnie Lucas.
echandgs0.tripod.com /feuds/id6.html   (411 words)

  
 The Prize in Economic Sciences 1995 - Press Release
Robert Lucas is the economist who has had the greatest influence on macroeconomic research since 1970.
In a series of path-breaking articles, Lucas demonstrated the far-reaching consequences of rational expectations formation, particularly concerning the effects of economic policy and the evaluation of these effects using econometric methods, that is, statistical methods specifically adapted for examining economic relationships.
Lucas formulated an ingenious theoretical model which generates time series such that inflation and employment indeed seem to be positively correlated.
www.nobel.se /economics/laureates/1995/press.html   (1810 words)

  
 Eastern Consol. Props., Inc. v Lucas (2004 NY Slip Op 51855(U))
Robert Lucas confirmed to Lee that the property was for sale and indicated that Lee should speak to Paulo of the Bank, since she was in charge of the Trust that owned the property and in charge of the sale.
At trial, Robert Lucas never explicitly refuted that he referred Lee to Paulo, since she was in charge of the sale of the property.
Additionally, the acts of Robert Lucas and Peter Lucas in their personal dealings with Lee and in their conveyance of authority to Paulo to act on their behalf, which was communicated to Lee by each of them, were sufficient to hold them responsible for the payment of plaintiff's commission.
www.courts.state.ny.us /reporter/3dseries/2004/2004_51855.htm   (4612 words)

  
 Robert Lucas Jr   (Site not responding. Last check: 2007-11-06)
Robert Lucas Jr terms defined : Robert Lucas Jr
Robert Lucas (born 1937) is an American economist who received The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 1995.
With trembling hands she put them on and rose depended on others for almost everything but the mere act of breathing, side of her bed; then she stopped with a puzzled frown--under her.
www.termsdefined.net /ro/robert-lucas-jr.html   (392 words)

  
 Chicago’s Robert Lucas wins Nobel Prize
Lucas, 58, is the John Dewey Distinguished Service Professor of Economics at Chicago, where he earned both his undergraduate and graduate degrees.
“Lucas’ model of rational expectations says that if citizens anticipate the reactions of policy makers in the future, then they are going to change their behavior now in a way that could make those policies less effective – or completely nullify the policy’s effect.
Lucas received an A.B. in history from the University of Chicago in 1959 and a Ph.D. in economics from the University in 1964.
www-news.uchicago.edu /releases/95/951010.lucas.nobel.prize.shtml   (983 words)

  
 Lucas, Robert --  Britannica Student Encyclopedia
Robert Lucas won the Nobel prize for economics in 1995 for his rational-expectations theory, which was based on decision-makers' abilities to predict the results of governmental economic policies and thus potentially subvert the intended effects of the policies.
Lucas found that individuals will offset the intended results of national fiscal and monetary policy by making private economic decisions based on past experiences and anticipated results.
The latest recipient, Robert Emerson Lucas, Jr., was honoured for having developed and applied the hypothesis of rational expectations.
www.britannica.com /ebi/article-9312246?tocId=9312246   (903 words)

  
 Federal Reserve Bank of Minneapolis-The Region-Interview with Robert E. Lucas Jr. (June 1993)   (Site not responding. Last check: 2007-11-06)
Considered the intellectual leader of the new classical school of economic thought and of the rational expectations theory, Robert Lucas, University of Chicago, has guest lectured across the United States and in China, Finland, England, Israel and Canada.
Lucas: I'd just call Head Start "schooling," not "on-the-job training." There's a lot of controversy as to how effective the program is. Apparently it has some short-term effects: Kids who've been through the Head Start program have a lot better first grade than kids who haven't.
Lucas: Certainly, I guess what's impressive about the place is that the presidents of the bank have supported this group and continue to let its members follow their own noses.
woodrow.mpls.frb.fed.us /pubs/region/93-06/int936.cfm   (2353 words)

  
 Col. Robert T. Lucas Named Director of DEC Law Enforcement- NYSDEC Press Release   (Site not responding. Last check: 2007-11-06)
Lucas will be responsible for enforcing the State's environmental conservation laws and regulations by overseeing the law enforcement services provided to DEC's programs, and the law enforcement services, outreach and education to the public.
In 1990, Col. Lucas served as a Lieutenant in DEC's Region 9 and supervised ECOs in Chautauqua County.
Col. Lucas has served as an instructor of various courses at DEC's Training Academy in Oswego, New York, and is a past President of the New York State Conservation Officers Association.
www.dec.state.ny.us /website/press/pressrel/2005/200552.html   (416 words)

  
 Boston Globe Online / Table of Contents   (Site not responding. Last check: 2007-11-06)
Robert E. Lucas, winner of the Nobel Prize in economics for his work on the theory of "rational expectations," has to split the $1 million prize with his ex-wife.
Lucas, a 58-year-old University of Chicago economist, said he would gladly share his windfall.
Lucas did his groundbreaking work two decades ago.
www.boston.com /globe/search/stories/nobel/1995/1995f.html   (241 words)

  
 ROBERT LUCAS PEARSALL
Robert Pearsall writes: She was a clever genalogist and my dear friend and instructor, and also an heraldic artist and painter.
Robert Lucas Pearsall Barrister at Law of the Oxford Circuit.
"Robert Lucas Pearsall, born at Clifton, March 14, 1795, of an old family orignially of Halesowen, Worcestershire.
www.bristolchamberchoir.org.uk /Pearsall.html   (742 words)

  
 National Museum of Natural History - Paleobiology   (Site not responding. Last check: 2007-11-06)
Lucas, Spencer G., Holbrook, Luke T., and Emry, Robert J. Isectolophus (Mammalia, Perissodactyla) from the Eocene of the Zaysan Basin, Kazakstan, and its biochronological significance.
Lucas, S., Kordikova, E. and Emry, R. " Oligocene stratigraphy, sequence stratigraphy and mammalian biochronology north of the Aral Sea, central Kazakhstan." In Beard, K. and Dawsons, M. (eds.), Dawn of the Age of Mammals in Asia.
Lucas, S. G., and Emry, R. "Early Record of Indricothere (Mammalia: Perissodactyla: Hyracondontidae) from the Aral Sea Region of Western Kazakhstan." Proceedings of the Biological Society of Washington 109 (2)(1996): 391-396.
www.nmnh.si.edu /paleo/curator_biblio/biblio_emry.html   (1781 words)

  
 Robert Lucas Jr -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-11-06)
Lucas was born in (Click link for more info and facts about Yakima, Washington) Yakima, Washington.
Perhaps one of the most influential economists since the (The decade from 1970 to 1979) 1970s, he changed the foundations of macroeconomic theory (previously dominated by the (Click link for more info and facts about Keynesian economics) Keynesian economics approach), arguing that a macroeconomic model should have micro-foundations.
He developed the " (Click link for more info and facts about Lucas critique) Lucas critique" of economic policymaking, which holds that relationships that appear to hold in the economy, such as an apparent relationship between inflation and unemployment, change in response to changes in economic policy.
www.absoluteastronomy.com /encyclopedia/r/ro/robert_lucas_jr.htm   (339 words)

  
 Directory - Science: Social Sciences: Economics: People: Lucas, Robert   (Site not responding. Last check: 2007-11-06)
Robert Lucas  · cached · Includes a short biography and photo of economist, as well as a bibliography of works published, and related links.
Robert E. Lucas: Architect of Modern Economics [PDF]  · cached · Article which places Lucas' theories in historical context, and evaluates the effect his work has had on the economic profession.
Xrefer: Robert E. Lucas  · Citation from The Penguin Dictionary of Economics.
www.incywincy.com /default?p=573011   (247 words)

  
 Federal Reserve Bank of Minneapolis - The Region - 2003 Annual Report Essay - The Industrial Revolution: Past and Future   (Site not responding. Last check: 2007-11-06)
Yet under the Malthusian theory of fertility, neither new knowledge nor the capital accumulation it makes profitable is enough to induce the sustained growth in living standards of masses of people that modern economists take as the defining characteristic of the industrial revolution.
The modern theory of sustained income growth, stemming from the work of Robert Solow in the 1950s, was designed to fit the behavior of the economies that had passed through the demographic transition.
Robert M. Solow, “A Contribution to the Theory of Economic Growth.” Quarterly Journal of Economics, 70 (1956): 65–94.
www.minneapolisfed.org /pubs/region/04-05/essay.cfm   (6378 words)

  
 ROBERT H. LUCAS PAPERS
ROBERT H. The papers of Robert Hendry Lucas, Commissioner of Internal Revenue
Hendry Lucas have been given and assigned to the United States of America.
Robert H. Lucas was a leading Republican in Kentucky politics for most of his
www.ecommcode2.com /hoover/research/historicalmaterials/other/lucas.htm   (577 words)

  
 Nobel Laureate Robert E. Lucas, Jr.: Architect of Modern Macroeconomics (ResearchIndex)   (Site not responding. Last check: 2007-11-06)
Abstract: In 1995, Robert E. Lucas, Jr., was awarded the Nobel Prize in Economic Sciences.
This review places Lucas' work in a historical context and evaluates the effect of this work on the economics profession.
Lucas' central contribution is that he developed and applied economic theory to answer substantive questions in macroeconomics.
citeseer.ist.psu.edu /chari99nobel.html   (477 words)

  
 Robert Lucas   (Site not responding. Last check: 2007-11-06)
In 1803, Lucas was appointed surveyor of Scioto County.
In response, Lucas led the militia to the Michigan border for a showdown with Michigan forces.
Friendly Lucas was the second wife of Robert Lucas.
ohiobio.org /governors/lucas.htm   (130 words)

  
 Rational Expectations
By 1982, Lucas' views were so entrenched that Edward Prescott of Carnegie-Mellon University would boast that his students had never heard Keynes' name.
Lucas won the Nobel Prize in 1995 for the core aspect of his theory, that rational businessmen adjust their behavior to the government's announced economic policies.
Lucas and his followers searched everywhere for a model that would keep businessmen aware of leading economic indicators and yet ignorant of the fact that they were in a recession.
www.huppi.com /kangaroo/L-chilucas.htm   (2163 words)

  
 Carleton College: Economics: The 2003-04 Veblen-Clark Lecture
Instead, Lucas warned that such inflationary monetary policy would cause periods of high unemployment and rapid inflation like that experienced in the late 1970s.
Lucas is an expert in the areas of business cycle theory and growth economics.
Lucas received a B.A. in history (1959) and Ph.D. in Economics (1964), University of Chicago.
webapps.acs.carleton.edu /curricular/econ/events/veblen/2003_2004   (219 words)

  
 Robert LUCAS
One of the most influential modern economic theorists, Robert Lucas is the leader of the New Classical school - the "modern" version of the Chicago School.
He is also renowned for the "Lucas Critique" (1976) of the use of econometric models for policy purposes.
A professor at Chicago, Lucas won the Nobel prize in 1995.
cepa.newschool.edu /het/profiles/lucas.htm   (426 words)

  
 Jean-robert-nicolas Lucas De Montigny ( - ) Artwork Images, Exhibitions, Reviews
Lucas Vorsterman the Elder, Portrait of Nicolas Claude Fabri de Pieresc, Conseiller au parlement d"aix, 16th - 17th century
Lucas Vorsterman the Younger, Portrait of Lucas Vorstermans, Pere, 17th century
Lucas van Leyden, The Adoration of the Magi, 1513
wwar.com /masters/l/lucas_de_montigny-jean-robert-nicolas.html   (1115 words)

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