Robert E. Lucas Jr.

Facts

Robert E. Lucas Jr.

Photo from the Nobel Foundation archive.

Robert E. Lucas Jr.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1995

Born: 15 September 1937, Yakima, WA, USA

Affiliation at the time of the award: University of Chicago, Chicago, IL, USA

Prize motivation: "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy."

Contribution: Development and application of the theory of rational expectations in macroeconomic analysis.

Prize share: 1/1

To cite this section
MLA style: Robert E. Lucas Jr. – Facts. NobelPrize.org. Nobel Media AB 2019. Thu. 23 May 2019. <https://www.nobelprize.org/prizes/economic-sciences/1995/lucas/facts/>

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