1995
Christiane Nüsslein-Volhard – Biographical
Biographical
I was born during the war, on October 20, 1942, as the second of five children. My father, Rolf Volhard, was an architect. He was the eighth of ten children of Franz Volhard, a professor of medicine in Frankfurt, and specialist for heart and kidney. My mother’s mother, Lies Haas-Möllmann, was a painter but had…
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Robert E. Lucas Jr. – Biographical
Biographical
I was born in 1937, in Yakima, Washington, the oldest child of Robert Emerson Lucas and Jane Templeton Lucas. My sister Jenepher was born in 1939 and my brother Peter in 1940. My parents had moved to Yakima from Seattle, to open a small restaurant, The Lucas Ice Creamery. The restaurant was a casualty of…
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Advanced information
Advanced information
The Scientific Contributions of Robert E. Lucas, Jr. October 1995 During the 1970s macroeconomics was rapidly and thoroughly transformed: the rational expectations hypothesis was developed and applied, an equilibrium theory of business cycles emerged, and the problems in macroeconometric evaluation of economic policy and their solutions were clarified. This evolution is mostly due to the…
morePress release
Press release
English 10 October 1995 has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1995, to Professor Robert E. Lucas, Jr., University of Chicago, USA, for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.…
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