Robert E. Lucas Jr. (1937-)

Premio Nobel  1995

Economista estadounidense de la Universidad de Chicago, obtiene el Premio Nobel de Economía en 1995 por haber desarrollado y aplicado la hipótesis de las expectativas racionales y haber por tanto transformado el análisis macroeconómico y profundizado la comprensión de la política económica.

Robert Lucas es el líder de la escuela llamada "Nueva Economía Clásica", una versión moderna de la vieja Escuela de Chicago. Su hipótesis de las expectativas racionales ha conducido a la marginación de los neokeynesianos y al entronamiento de una macroeconomía basada en los principios neoclásicos.

Obras de Robert Lucas

• "Optimal Investment Policy and the Flexible Accelerator", 1967, IER.
• "Adjustment Costs and the Theory of Supply", 1967, JPE
• "Real Wages, Employment and Inflation", with Leonard A. Rapping, 1969, JPE
• "Investment Under Uncertainty", with E.C. Prescott, 1971, Econometrica
• "Expectations and the Neutrality of Money", 1972, JPE
• "Econometric Testing of the Natural Rate Hypothesis", 1972, in Eckstein, editor, The Econometrics of Price Determination.
• "Some International Evidence on Output-Inflation Tradeoffs", 1973, AER
• "Equilibrium Search and Unemployment", with E. C. Prescott, 1974, JET
• "An Equilibrium Model of the Business Cycle", 1975, JPE
• "Econometric Policy Evaluation: A critique", 1976, CROCH
• "Understanding Business Cycles", 1977, CROCH
• "Asset Prices in an Exchange Economy", 1978, Econometrica
• "`New' Explanations of the Persistence of Inflation and Unemployment", with T.J. Sargent, 1978, in After the Phillips Curve.
• "After Keynesian Macroeconomics" with T.J. Sargent, 1978, in After the Phillips Curve.
• "Rules, Discretion and the Role of the Economic Advisor", 1980, in Fischer, editor, Rational Expectations.
• "Methods and Problems in Business Cycle Theory", 1980, JMCB
• Studies in Business Cycle Theory
• "Equilibrium in a Pure Currency Economy", 1980, Econ Inquiry
• "Tobin and Monetarism: A review article", 1981, JEL.
• "Interest Rates and Currency Prices in a Two-Country World", 1982, JME
• "Optimal Fiscal and Monetary Policy in an Economy without Capital", with N.L. Stokey, 1983, JME
• "Optimal Growth with Many Consumers", with N. L. Stokey, 1984, JET
• "Money in a Theory of Finance", 1984, CROCH
• "Money and Interest in a Cash-in-Advance Economy", with N. L. Stokey, 1987, Econometrica
• Models of Business Cycles, 1987.
• "On the Mechanics of Economic Development", 1988, JME
• Recursive Methods in Economic Dynamics, with N. L. Stokey, 1989.
• "Liquidity and Interest Rates", 1990, JET
• "Why Doesn't Capital Flow from Rich to Poor Countries?", 1990, AER
• "Making a Miracle", 1993, Econometrica