1995
Robert Lucas
Picture
(1937 - 0)
Nationality
USA
Area of specialisation
Macroeconomics
Price Motivation
For Having Developed And Applied the Hypothesis Of Rational Expectation, And thereby having transformed Macroeconomic analysis And deepened Our Understanding Of Economic Policy
Affiliation at the time of Award
University Of Chicago
CONTRIBUTION
• Development and Application of the Theory of Rational Expectations in Macroeconomics Analysis
PUBLICATIONS
1 Expectations & the Neutrality of Money (1972) 2 Studies In The Business Cycle Theory (1981) 3 Why Doesn’t Capital Flow From Rich To Poor Country (1990) 4 On The Machines Of Economic Development (1998)