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Robert Lucas Jr.

Index Robert Lucas Jr.

Robert Emerson Lucas Jr. (born September 15, 1937) is an American economist at the University of Chicago. [1]

67 relations: American Economic Association, Arnold Harberger, Bachelor of Arts, Behavioral economics, Boyan Jovanovic, Carnegie Mellon University, Channel 4, Costas Azariadis, Doctor of Philosophy, Duke University, Economic growth, Economics, Economist, EconTalk, Edmund Phelps, Endogenous growth theory, Great Recession, Greg Mankiw, H. Gregg Lewis, Hirofumi Uzawa, History, James Mirrlees, Jean-Pierre Danthine, John Forbes Nash Jr., John Harsanyi, John Muth, Keynesian economics, Law of one price, Lawrence Summers, Liberty Fund, List of economists, List of Nobel Memorial Prize laureates in Economics, Lucas aggregate supply function, Lucas critique, Lucas islands model, Lucas paradox, Macroeconomic model, Macroeconomics, Marcel Boyer, Master of Arts, Microfoundations, Milton Friedman, Monetary economics, Nancy Stokey, Neil Wallace, New classical macroeconomics, Nobel Memorial Prize in Economic Sciences, Paul Romer, Paul Samuelson, Peter Diamond, ..., Phillips curve, Public finance, Rational expectations, Reinhard Selten, Richard Thaler, Robert Barro, Sherwin Rosen, Tepper School of Business, The 4% Solution, Thomas J. Sargent, University of California, Berkeley, University of Chicago, Uzawa–Lucas model, Welfare cost of business cycles, William A. Barnett, William Vickrey, Yakima, Washington. Expand index (17 more) »

American Economic Association

The American Economic Association (AEA) is a learned society in the field of economics, headquartered in Nashville, Tennessee.

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Arnold Harberger

Arnold Carl Harberger (born July 27, 1924) is an American economist.

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Bachelor of Arts

A Bachelor of Arts (BA or AB, from the Latin baccalaureus artium or artium baccalaureus) is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, sciences, or both.

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Behavioral economics

Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.

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Boyan Jovanovic

Boyan Jovanovic is a professor of economics at New York University.

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Carnegie Mellon University

Carnegie Mellon University (commonly known as CMU) is a private research university in Pittsburgh, Pennsylvania.

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Channel 4

Channel 4 is a British public-service television broadcaster that began transmission on 2 November 1982.

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Costas Azariadis

Constantine Christos "Costas" Azariadis (Κώστας Αζαριάδης; born February 17, 1943) is a macroeconomist born in Athens, Greece.

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Doctor of Philosophy

A Doctor of Philosophy (PhD or Ph.D.; Latin Philosophiae doctor) is the highest academic degree awarded by universities in most countries.

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Duke University

Duke University is a private, non-profit, research university located in Durham, North Carolina.

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Economic growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

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Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services.

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Economist

An economist is a practitioner in the social science discipline of economics.

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EconTalk

EconTalk is a weekly economics podcast hosted by Russ Roberts.

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Edmund Phelps

Edmund Strother Phelps, (born July 26, 1933) is an American economist and the winner of the 2006 Nobel Memorial Prize in Economic Sciences.

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Endogenous growth theory

Endogenous growth theory holds that economic growth is primarily the result of endogenous and not external forces.

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Great Recession

The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s.

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Greg Mankiw

Nicholas Gregory Mankiw (born February 3, 1958) is an American macroeconomist and the Robert M. Beren Professor of Economics at Harvard University.

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H. Gregg Lewis

Harold Gregg Lewis (May 9, 1914 – January 25, 1992) was an American economist notable for his contributions in labor economics.

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Hirofumi Uzawa

was a Japanese economist.

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History

History (from Greek ἱστορία, historia, meaning "inquiry, knowledge acquired by investigation") is the study of the past as it is described in written documents.

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James Mirrlees

Sir James Alexander Mirrlees (born 5 July 1936) is a Scottish economist and winner of the 1996 Nobel Memorial Prize in Economic Sciences.

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Jean-Pierre Danthine

Jean-Pierre Danthine (born May 16, 1950 in Havelange, Belgium) is a Swiss-Belgian economist and vice president of the Swiss National Bank.

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John Forbes Nash Jr.

John Forbes Nash Jr. (June 13, 1928 – May 23, 2015) was an American mathematician who made fundamental contributions to game theory, differential geometry, and the study of partial differential equations.

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John Harsanyi

John Charles Harsanyi (Harsányi János Károly; May 29, 1920 – August 9, 2000) was a Hungarian-American economist.

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John Muth

John Fraser Muth (September 27, 1930 – October 23, 2005) was an American economist.

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Keynesian economics

Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).

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Law of one price

"The law of one price (LOOP) states that in the absence of trade frictions (such as transport costs and tariffs), and under conditions of free competition and price flexibility (where no individual sellers or buyers have power to manipulate prices and prices can freely adjust), identical goods sold in different locations must sell for the same price when prices are expressed in a common currency.

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Lawrence Summers

Lawrence Henry Summers (born November 30, 1954) is an American economist, former Vice President of Development Economics and Chief Economist of the World Bank (1991–93),, Data & Research office, The World Bank, retrieved March 31, 2017, World Bank Live, The World Bank, retrieved March 31, 2017 Harvard Kennedy School, Harvard University, retrieved March 31, 2017 senior U.S. Treasury Department official throughout President Clinton's administration (ultimately Treasury Secretary, 1999–2001), U.S. Treasury Department, Last Updated: 11/20/2010, retrieved March 31, 2017 and former director of the National Economic Council for President Obama (2009–2010).

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Liberty Fund

Liberty Fund, Inc. is a nonprofit foundation headquartered in Indianapolis, Indiana which promulgates the libertarian views of its founder, Pierre F. Goodrich through publishing, conferences, and educational resources.

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List of economists

This is an incomplete alphabetical list by surname of notable economists, experts in the social science of economics, past and present.

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List of Nobel Memorial Prize laureates in Economics

The Nobel Memorial Prize in Economic Sciences, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is awarded annually by the Royal Swedish Academy of Sciences to researchers in the field of economic sciences.

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Lucas aggregate supply function

The Lucas aggregate supply function or Lucas "surprise" supply function, based on the Lucas imperfect information model, is a representation of aggregate supply based on the work of new classical economist Robert Lucas.

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Lucas critique

The Lucas critique, named for Robert Lucas's work on macroeconomic policymaking, argues that it is naive to try to predict the effects of a change in economic policy entirely on the basis of relationships observed in historical data, especially highly aggregated historical data.

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Lucas islands model

The Lucas islands model is an economic model of the link between money supply and price and output changes in a simplified economy using rational expectations.

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Lucas paradox

In economics, the Lucas paradox or the Lucas puzzle is the observation that capital does not flow from developed countries to developing countries despite the fact that developing countries have lower levels of capital per worker.

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Macroeconomic model

A macroeconomic model is an analytical tool designed to describe the operation of the economy of a country or a region.

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Macroeconomics

Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.

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Marcel Boyer

Marcel Boyer is the Bell Canada Professor of industrial economics at the Université de Montréal and vice-president and chief economist at the Montreal Economic Institute.

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Master of Arts

A Master of Arts (Magister Artium; abbreviated MA; also Artium Magister, abbreviated AM) is a person who was admitted to a type of master's degree awarded by universities in many countries, and the degree is also named Master of Arts in colloquial speech.

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Microfoundations

In economics, the term microfoundations refers to the microeconomic analysis of the behavior of individual agents such as households or firms that underpins a macroeconomic theory (Barro, 1993, Glossary, p. 594).

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Milton Friedman

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.

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Monetary economics

Monetary economics is a branch of economics that provides a framework for analyzing money in its functions as a medium of exchange, store of value, and unit of account.

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Nancy Stokey

Nancy Laura Stokey (born May 8, 1950) is the Frederick Henry Prince Distinguished Service Professor of Economics at the University of Chicago.

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Neil Wallace

Neil Wallace (born 1939) is an American economist and professor at Pennsylvania State University.

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New classical macroeconomics

New classical macroeconomics, sometimes simply called new classical economics, is a school of thought in macroeconomics that builds its analysis entirely on a neoclassical framework.

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Nobel Memorial Prize in Economic Sciences

The Nobel Memorial Prize in Economic Sciences (officially Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne, or the Swedish National Bank's Prize in Economic Sciences in Memory of Alfred Nobel), commonly referred to as the Nobel Prize in Economics, is an award for outstanding contributions to the field of economics, and generally regarded as the most prestigious award for that field.

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Paul Romer

Paul Michael Romer (born November 7, 1955) is an American economist and pioneer of endogenous growth theory.

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Paul Samuelson

Paul Anthony Samuelson (15 May 1915 – 13 December 2009) was an American economist and the first American to win the Nobel Memorial Prize in Economic Sciences.

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Peter Diamond

Peter Arthur Diamond (born, 1940) is an American economist known for his analysis of U.S. Social Security policy and his work as an advisor to the Advisory Council on Social Security in the late 1980s and 1990s.

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Phillips curve

The Phillips curve is a single-equation empirical model, named after William Phillips, describing a historical inverse relationship between rates of unemployment and corresponding rates of rises in wages that result within an economy.

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Public finance

Public finance is the study of the role of the government in the economy.

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Rational expectations

In economics, "rational expectations" are model-consistent expectations, in that agents inside the model are assumed to "know the model" and on average take the model's predictions as valid.

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Reinhard Selten

Reinhard Justus Reginald Selten (5 October 1930 – 23 August 2016) was a German economist, who won the 1994 Nobel Memorial Prize in Economic Sciences (shared with John Harsanyi and John Nash).

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Richard Thaler

Richard H. Thaler (born September 12, 1945) is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business.

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Robert Barro

Robert Joseph Barro (born September 28, 1944) is an American macroeconomist and the Paul M. Warburg Professor of Economics at Harvard University.

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Sherwin Rosen

Sherwin Rosen (September 29, 1938 – March 17, 2001) was an American labor economist.

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Tepper School of Business

The Tepper School of Business is the business school of Carnegie Mellon University.

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The 4% Solution

The 4% Solution: Unleashing the Economic Growth America Needs is a 2012 non-fiction book.

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Thomas J. Sargent

Thomas John "Tom" Sargent (born July 19, 1943) is an American economist, who is currently the W.R. Berkley Professor of Economics and Business at New York University.

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University of California, Berkeley

The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public research university in Berkeley, California.

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University of Chicago

The University of Chicago (UChicago, U of C, or Chicago) is a private, non-profit research university in Chicago, Illinois.

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Uzawa–Lucas model

The Uzawa–Lucas model is an economic model of endogenous growth developed by Robert Lucas, Jr., building upon initial contributions by Hirofumi Uzawa.

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Welfare cost of business cycles

In macroeconomics, the cost of business cycles is the decrease in social welfare, if any, caused by business cycle fluctuations.

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William A. Barnett

William Arnold Barnett (born October 30, 1941) is an American economist, whose current work is in the fields of chaos, bifurcation, and nonlinear dynamics in socioeconomic contexts, econometric modeling of consumption and production, and the study of the aggregation problem and the challenges of measurement in economics.

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William Vickrey

William Spencer Vickrey (21 June 1914 – 11 October 1996) was a Canadian-born professor of economics and Nobel Laureate.

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Yakima, Washington

Yakima is a U.S. city, the county seat of Yakima County, Washington and the state's eleventh largest city by population.

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References

[1] https://en.wikipedia.org/wiki/Robert_Lucas_Jr.

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