| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16953 |
| DP16953 The lasting influence of Robert E. Lucas on Chicago economics | |
| Harald Uhlig | |
| 发表日期 | 2022-01-24 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | This paper is an overview from a personal perspective on the various ways Lucas has shaped today’s economics in general and in terms of ‘Chicago economics’ in particular. In honor of the 50th anniversary of its publication, much focus is given to his 1972 neutrality paper and its impact. I discuss how the paper was a trigger of the subsequent emergence of rational expectations macroeconomics. Further, I touch upon his fundamental contributions to growth theory, asset pricing and the characteristic use of the Bellman equations. After covering these topics, the paper concludes with a portrayal of the Money and Banking Workshop to describe the environment that Lucas established at the Chicago department, and to illustrate his enduring influence on the culture of teaching and discussing macroeconomics at the University of Chicago. |
| 主题 | Macroeconomics and Growth ; Monetary Economics and Fluctuations |
| 关键词 | Robert e. lucas Chicago economics Monetary neutrality Microfoundations Business-cycle theory Growth theory |
| URL | https://cepr.org/publications/dp16953 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545894 |
| 推荐引用方式 GB/T 7714 | Harald Uhlig. DP16953 The lasting influence of Robert E. Lucas on Chicago economics. 2022. |
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