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Topic: Robert Lucas Jr


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In the News (Mon 20 May 13)

  
 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.
One of the most influential economists in the post-war era, he changed the foundations of macroeconomic theory (previously dominated by the Keynesian economics approach), arguing that a macroeconomic model should have micro-foundations.
He developed the "Lucas critique[?]" of economic policymaking, which held that the relationships that appear to hold in the economy, such as an apparent relationship between inflation and unemployment, would change in response to changes in economic policy.
www.ebroadcast.com.au /lookup/encyclopedia/ro/Robert_Lucas_Jr.html   (123 words)

  
 Chicago’s Robert Lucas wins Nobel Prize
“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.
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.
www-news.uchicago.edu /releases/95/951010.lucas.nobel.prize.shtml   (983 words)

  
 Federal Reserve Bank of Minneapolis - The Region - 2003 Annual Report Essay - The Industrial Revolution: Past and Future   (Site not responding. Last check: 2007-11-03)
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)

  
 News Release: Robert E. Lucas Jr. and Macroeconomics   (Site not responding. Last check: 2007-11-03)
Lucas’ speech, titled "My Evolution as an Economist," will be at 7:30 p.m.
Lucas is the John Dewey Distinguished Service Professor at the University of Chicago.
Lucas’ lecture is the 17th in a continuing Nobel Economists Lecture Series, and it is sponsored by Trinity’s Department of Economics.
www.trinity.edu /departments/public_relations/news_releases/lucas.htm   (221 words)

  
 Federal Reserve Bank of Minneapolis-The Region-Interview with Robert E. Lucas Jr. (June 1993)   (Site not responding. Last check: 2007-11-03)
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?js=0   (2353 words)

  
 Yale Bulletin & Calendar - News Stories   (Site not responding. Last check: 2007-11-03)
Robert E. Lucas Jr., the John Dewey Distinguished Service Professor of Economics at the University of Chicago and a recipient of the Alfred Nobel Memorial Prize in Economics in 1995, will deliver the 10th Simon Kuznets Memorial Lectures on Wednesday and Thursday, Oct. 23-24.
The lectures were established to honor the memory of the late Simon Kuznets, an earlier recipient of the Nobel Memorial Prize and a pioneer in the use of statistics and economics to understand economic history and the process of modern economic growth.
Professor Lucas is a fellow and first vice president of the Econometric Society, a fellow of the American Academy of Arts and Sciences and a member of the National Academy of Sciences.
www.yale.edu /opa/ybc/v25.n9.news.04.html   (260 words)

  
 FROM LACHMANN TO LUCAS
Interestingly, even Lucas, who is far removed from the Austrian theorists on the issue at hand, shares much common ground with Hayek in other fundamental respects.
Lucas, in effect, denies the distinction by the particular way in which he treats the problem of expectations.
Lucas collapses the entire future into the present by claiming that expectations of market participants are "rational." The term "rationality," as used by Muth and Lucas, is not to be equated with rationality either in its ordinary meaning or in the meaning conventionally intended by economists--the transitivity of preference functions.
www.auburn.edu /~garriro/j6lachlucas.htm   (5486 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.
apps.carleton.edu /curricular/econ/events/veblen/2003_2004   (219 words)

  
 Nobel Laureate Robert E. Lucas, Jr.: Architect of Modern Macroeconomics (ResearchIndex)   (Site not responding. Last check: 2007-11-03)
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   (502 words)

  
 Robert Lucas, Jr. - WikiLeasing.com
'Robert Emerson Lucas, Jr.' (born September 15, 1937 in Yakima, Washington) is an American economist at the University of Chicago.
He is well known for his investigations into the implications f the assumption of rational expectations.
He developed the "Lucas critique" of economic policymaking, which holds hat 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.wikileasing.com /1/Robert_Lucas__Jr_.html   (227 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)

  
 Department News   (Site not responding. Last check: 2007-11-03)
Wednesday, April 17th, 2002 the Economics Department hosted a Dornbusch lecture by Nobel Laureate Professor Robert E. Lucas, Jr.
Lucas discussed the effect of migration from rural to urban areas and its implication for macroeconomic development.
Photographic archives of the reception honoring Professor Lucas can be viewed by clicking here.
sitemason.vanderbilt.edu /newspub/ieAFKU?id=4018   (110 words)

  
 Robert Lucas Jr: Definition and Links by Encyclopedian.com (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-11-03)
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www.encyclopedian.com.cob-web.org:8888 /ro/Robert-Lucas-Jr.html   (266 words)

  
 MavicaNET - Lucas, Robert (1937- )
He is the fifth University of Chicago economist to win the Nobel in the last six years.
Robert E. Lucas won the 1995 Nobel Prize in economics yesterday for work on how people form their economic expectations that overturned the basis for governmental fine-tuning.
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.
www.mavicanet.com /lite/bul/38493.html   (323 words)

  
 ROBERT LUCAS
Lucas soon landed a nomination and performance at the Handy Awards in Memphis and featured
Robert Lucas currently has a total of seven albums, four of them recorded at the stellar Ocean Way
Lucas' contribution to the Canned Heat legacy continues with the release of "Boogie 2000" which
www.oafb.net /once235.html   (496 words)

  
 Harvard University Press: Lectures on Economic Growth by Robert E. Lucas, Jr.
Harvard University Press: Lectures on Economic Growth by Robert E. Lucas, Jr.
And Lucas has few peers as a modeler; his models are parsimonious, his exposition is crisp, and he is very good at explaining what lessons should be drawn from the formal results.
Other HUP Books by Robert E. Lucas, Jr.
www.hup.harvard.edu /catalog/LUCLEC.html?show=reviews   (170 words)

  
 Robert E. Lucas Jr. at IDEAS   (Site not responding. Last check: 2007-11-03)
This is information that was supplied by Robert Lucas in registering through RePEc.
If you are Robert E. Lucas Jr., you may change this information at RePEc.
Lucas, Robert E, Jr & Rapping, Leonard A, 1972.
ideas.repec.org /e/plu15.html   (1368 words)

  
 Federal judge sentences developers to jail
In June 2004, a Mississippi grand jury indicted Lucas and his partners with 41 criminal counts for their activities at Big Hill Acres, ultimately leading to a conviction last February in federal court in Gulfport, Mississippi.
Palmer agreed to represent Lucas in April 2000, just four months after retiring as director of the Mississippi Department of Environmental Quality, a job he held for more than 12 years.
Palmer's environmental credentials were an asset to Lucas and Thompson as their dealings with state and federal regulators soured in 1998 and 1999 over repeated warnings that the developers were illegally filling wetlands and installing septic systems in soils that were unsuitable for such sewage treatment.
www.speakupwny.com /printer_2418.shtml   (1097 words)

  
 Robert Lucas Winner of the 1995 Nobel Prize in Economics
Robert Lucas Winner of the 1995 Nobel Prize in Economics
Conference honors contributions of Robert Lucas' original Rational (submitted by Yoni Berman)
Robert Lucas wins Nobel Prize in Economics (submitted by Jackson)
almaz.com /nobel/economics/1995a.html   (167 words)

  
 WikiMiki.net - Robert Lucas Jr. (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-11-03)
Lucas, Robert Lucas, Robert Lucas, Robert Lucas, Robert
Characterized by conservative thinkers and Nobel Prize winners like Milton Friedman, George Stigler, Gary Becker and Robert Lucas, the department has played an important part in shaping thought on the efficacy of the free market.
The school is also known for the creation of the first Department of Sociology in the United States, which founded its own Chicago school of sociology.
austria.es.wikimiki.net.cob-web.org:8888 /es/Robert+Lucas+Jr.   (8188 words)

  
 Robert Lucas - Moviefone
I was born in 1937, in Yakima, Washington, the oldest child of Robert Emerson Lucas and Jane Templeton Lucas.
Titles, data and places given above refer to the time of the...
Robert Lucas - Filmography, Biography, News, Photos, Birth date, Relationships, Robert Lucas Film Clips, and Fun Facts on Moviefone.
movies.aol.com /celebrity/robert-lucas/100313/main   (74 words)

  
 Robert E. Lucas, Jr. (ed.) Lectures on Economic Growth. | Government from AllBusiness.com
Robert Lucas had spent nearly two decades of his academic career enlightening the world on short-run fluctuations and business cycles.
Since then, he and many others trained in the finest neoclassical economics tradition have had a lot to say about these enduring issues in the past twenty years.
The overall style of this collection reflects two of Lucas' deep convictions on economics research.
www.allbusiness.com /government/755414-1.html   (773 words)

  
 SSRN-Money and Interest in a Cash-in-Advance Economy by Robert Lucas, Nancy Stokey   (Site not responding. Last check: 2007-11-03)
SSRN-Money and Interest in a Cash-in-Advance Economy by Robert Lucas, Nancy Stokey
Lucas, Robert E. and Stokey, Nancy L., "Money and Interest in a Cash-in-Advance Economy" (October 1987).
Email address for ROBERT E. University of Chicago - Department of Economics
papers.ssrn.com /sol3/papers.cfm?abstract_id=336345   (325 words)

  
 Robert E. Lucas, Jr. - Autobiography
My sister Jenepher was born in 1939 and my brother Peter in 1940.
My parents had moved to Yakima from Seattle, to open a small restaurant, The Lucas Ice Creamery.
The restaurant was a casualty of the 1937-38 downturn, and during World War II our family moved to Seattle, where my father found work as a steamfitter in the shipyards and my mother resumed her earlier career as a fashion artist.
nobelprize.org /economics/laureates/1995/lucas-autobio.html   (2515 words)

  
 Macroeconomics (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-11-03)
One of the great challenges of recent economics has been a struggle to reconcile macroeconomic and microeconomic models.
Theorists such as Robert Lucas Jr suggested (in the 1970s) that at least some traditional Keynesian macroeconomic models were questionable as they were not derived from assumptions about individual behavior.
John Maynard Keynes -- Milton Friedman -- Robert Lucas Jr -- Jose Victor Rios Rull -- Robert Mundell
www.fact-index.com.cob-web.org:8888 /m/ma/macroeconomics_1.html   (528 words)

  
 SSRN Author Page for Robert E. Lucas   (Site not responding. Last check: 2007-11-03)
Click here for a list of some of the more popular RSS readers available today.
Total downloads of all papers by Robert E. Lucas Jr.
Number of abstracts and/or full text documents for Robert E. Lucas Jr.
papers.ssrn.com /sol3/cf_dev/AbsByAuth.cfm?per_id=95249   (346 words)

  
 Robert E. Lucas Jr. Citations at IDEAS
Robert A.J. Dur & Coen N. Teulings, 2001.
"On the equilibrium in a discrete-time Lucas Model with endogenous leisure," Cahiers de la Maison des Sciences Economiques b06054, Maison des Sciences Economiques, Université Paris 1 Panthéon-Sorbonne.
"Nobel Laureate Robert E. Lucas, Jr.: Architect of Modern Macroeconomics," Journal of Economic Perspectives, American Economic Association, vol.
ideas.repec.org /e/c/plu15.html   (9588 words)

  
 Prijs van de Zweedse Rijksbank voor economie - Wikipedia (via CobWeb/3.1 planetlab2.cs.unc.edu)   (Site not responding. Last check: 2007-11-03)
De complete lijst met details is te vinden op de website van de Nobelstichting:
2005 -- Robert J. Aumann en Thomas C. Schelling
1994 -- Reinhard Selten, John Nash Jr, John Harsanyi
nl.wikipedia.org.cob-web.org:8888 /wiki/Nobelprijs_voor_de_Economie   (166 words)

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