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Robert Lucas wins Nobel Prize in Economics - English
URL: http://chronicle.uchicago.edu/951012/lucas.shtml

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Robert Lucas wins Nobel Prize - English
URL: http://www-news.uchicago.edu/releases/95/951010.lucas.nobel.prize.shtml

shown in filters: Personalia

Robert E. Lucas Jr. of the University of Chicago has been awarded the Nobel Prize in Economic Sciences. He is the fifth University of Chicago economist to win the Nobel in the last six years.

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Boston Globe Online / Table of Contents - English
URL: http://www.boston.com/globe/search/stories/nobel/1995/1995h.html

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.

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Boston Globe Online / Table of Contents - English
URL: http://www.boston.com/globe/search/stories/nobel/1995/1995f.html

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.

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Robert LUCAS - English
URL: http://cepa.newschool.edu/het/profiles/lucas.htm

shown in filters: Personalia

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. His introduction of the concept of "rational expectations" in the 1970s helped to decisively bury the Neo-Keynesian orthodoxy and inaugurated a new era of macroeconomics relying on the Neoclassical concept of supply-determined equilibrium, best exemplified in modern "Real Business Cycle" theory. He also made seminal contributions to the theory of investment (with "marginal adjustment costs", 1967), theory of endogenous growth (with "human capital", 1988), theory of asset pricing and the theory of money (with "cash-in-advance"). 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.

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Economics 1995 - English
URL: http://www.nobel.se/economics/laureates/1995/index.html

The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel 1995

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