Robert Lucas Jr.

Robert Lucas Jr.
Lucas in 1996
Born	Robert Emerson Lucas Jr. (1937-09-15)September 15, 1937 Yakima, Washington, U.S.
Died	May 15, 2023(2023-05-15) (aged 85) Chicago, Illinois, U.S.
Spouses	Rita Cohen (m. 1959, divorced) Nancy Stokey
Children	2

Academic background
Education	University of Chicago (BA, PhD)
Doctoral advisor	H. Gregg Lewis Dale W. Jorgenson
Academic work
Discipline	Macroeconomics
School or tradition	New classical macroeconomics
Institutions	Carnegie Mellon University University of Chicago
Doctoral students	Marcel Boyer Costas Azariadis Jean-Pierre Danthine Boyan Jovanovic Paul Romer Esteban Rossi-Hansberg Benjamin Moll
Notable ideas	Rational expectations Lucas critique


Awards	Nobel Memorial Prize in Economic Sciences (1995)

Website	Information at IDEAS / RePEc

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Robert Emerson Lucas Jr. (September 15, 1937 – May 15, 2023) was an American economist at the University of Chicago. Widely regarded as the central figure in the development of the new classical approach to macroeconomics,^[1] he received the Nobel Memorial Prize in Economic Sciences in 1995 "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy".^[2]^[3] N. Gregory Mankiw characterized him as "the most influential macroeconomist of the last quarter of the 20th century".^[4] In 2020, he ranked as the 10th most cited economist in the world.^[5]

^ Snowdon, Brian; Vane, Howard R. (2005). Modern Macroeconomics: Its Origin, Development and Current State. Cheltenham: Edgar Elgar. pp. 220–223. ISBN 978-1845422080.
^ "Robert E. Lucas, Jr. | American economist". Encyclopedia Britannica. Retrieved August 2, 2017.
^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1995". Nobel Foundation. Retrieved October 14, 2008.
^ Mankiw, N. Gregory (September 21, 2009). "Back In Demand". Wall Street Journal.
^ "Top 10% Authors, as of July 2020". IDEAS/RePEc. Archived by the Wayback Machine: Research Papers in Economics. Archived from the original on August 23, 2020. Retrieved May 21, 2023.