WorldCat Identities

Lucas, Robert E. Jr

Works: 56 works in 373 publications in 6 languages and 8,173 library holdings
Genres: History 
Roles: Author, Editor
Classifications: HB3711, 338.542
Publication Timeline
Most widely held works about Robert E Lucas
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Most widely held works by Robert E Lucas
Studies in business-cycle theory by Robert E Lucas( Book )

51 editions published between 1981 and 2012 in 3 languages and held by 972 WorldCat member libraries worldwide

Models of business cycles by Robert E Lucas( Book )

26 editions published between 1987 and 2013 in 4 languages and held by 743 WorldCat member libraries worldwide

"In the past decade macroeconomic theory has undergone a remarkable transformation. At the forefront has been the "rational expectations revolution," and this school's most brilliant exponent is Robert E. Lucas. In this elegant and relatively non-technical survey, Lucas reviews the nature and consequences of recent developments in monetary and business cycle theory. He discusses the usefulness of alternative models in determining the effects of economic policy on consumption streams and individual welfare. Drawing on a specific model of aggregate activity which represents the current frontier in business cycle research, he then examines the contemporary theory of unemployment. Finally and most controversially, he explores the role of monetary disturbances."--Back Cover
Rational expectations and econometric practice by Robert E Lucas( Book )

38 editions published between 1977 and 1988 in English and Undetermined and held by 728 WorldCat member libraries worldwide

Assumptions about how people form expectations for the future shape the properties of any dynamic economic model. To make economic decisions in an uncertain environment people must forecast such variables as future rates of inflation, tax rates, governme
Recursive methods in economic dynamics by Nancy L Stokey( Book )

32 editions published between 1989 and 2004 in English and held by 709 WorldCat member libraries worldwide

Lectures on economic growth by Robert E Lucas( Book )

17 editions published between 2002 and 2004 in 3 languages and held by 544 WorldCat member libraries worldwide

In this book the Nobel Prize-winning economist Robert Lucas collects his writings on economic growth, from his seminal On the Mechanics of Economic Development, to his previously unpublished 1997 Kuznets Lectures
Efficiency and equality in a simple model of efficient unemployment insurance by Andrew Atkeson( Book )

13 editions published in 1993 in English and held by 47 WorldCat member libraries worldwide

Real effects of monetary shocks in an economy with sequential purchases by Robert E Lucas( Book )

10 editions published in 1993 in English and held by 47 WorldCat member libraries worldwide

We study the effects of monetary disturbances in an economy in which sellers must deal with potential buyers in sequence, rather than being able to sell their goods in a Walrasian auction market. Because of the structure of trading assumed, the current state of demand is not revealed to sellers until after the process of sequential transactions has concluded. As a consequence, unanticipated changes in nominal spending flows induce less-than-proportional responses in nominal transaction prices, and changes in the same direction in real output. These effects are similar to those obtained if sellers must commit themselves in advance to money prices, but do not depend upon any cost of changing prices. We fully characterize the stationary intertemporal equilibrium of an economy subject to i.i.d. money supply shocks. We show how the ex ante distribution of monetary shocks affects sellers' pricing strategies, and hence the equilibrium relation between the money supply, the distribution of transaction prices, and the degree to which available productive capacity is utilized
Menu costs and Phillips curves by Mikhail Golosov( Book )

11 editions published in 2003 in English and held by 42 WorldCat member libraries worldwide

This paper develops a model of a monetary economy in which individual firms are subject to idiosyncratic productivity shocks as well as general inflation. Sellers can change price only by incurring a real menu cost.' We calibrate this cost and the variance and autocorrelation of the idiosyncratic shock using a new U.S. data set of individual prices due to Klenow and Kryvtsov. The prediction of the calibrated model for the effects of high inflation on the frequency of price changes accords well with the Israeli evidence obtained by Lach and Tsiddon. The model is also used to conduct numerical experiments on the economy's response to credible and incredible disinflations and other shocks. In none of the simulations we conducted did monetary shocks induce large or persistent real responses
On the mechanics of economic development by Robert E Lucas( Book )

9 editions published between 1986 and 1988 in English and Undetermined and held by 36 WorldCat member libraries worldwide

Theorie der Konjunkturzyklen by Robert E Lucas( Book )

1 edition published in 1989 in German and held by 35 WorldCat member libraries worldwide

General equilibrium analysis of the Eaton-Kortum model of international trade by Fernando Alvarez( Book )

10 editions published in 2005 in English and held by 34 WorldCat member libraries worldwide

We study a variation of the Eaton-Kortum model, a competitive, constant-returns-to-scale multicountry Ricardian model of trade. We establish existence and uniqueness of an equilibrium with balanced trade where each country imposes an import tariff. We analyze the determinants of the cross-country distribution of trade volumes, such as size, tariffs and distance, and compare a calibrated version of the model with data for the largest 60 economies. We use the calibrated model to estimate the gains of a world-wide trade elimination of tariffs, using the theory to explain the magnitude of the gains as well as the differential effect arising from cross-country differences in pre-liberalization of tariffs levels and country size
Toxic releases by manufacturing : world patterns and trade policies by Robert E Lucas( Book )

8 editions published in 1992 in English and held by 31 WorldCat member libraries worldwide

Rational expectations and econometric practice by Robert E Lucas( Book )

17 editions published between 1981 and 2011 in English and Undetermined and held by 28 WorldCat member libraries worldwide

Trade and the diffusion of the industrial revolution by Robert E Lucas( Book )

8 editions published in 2007 in English and held by 21 WorldCat member libraries worldwide

A model is proposed to describe the evolution of real GDPs in the world economy that is intended to apply to all open economies. The five parameters of the model are calibrated using the Sachs-Warner definition of openness and time-series and cross-section data on incomes and other variables from the 19th and 20th centuries. The model predicts convergence of income levels and growth rates and has strong but reasonable implications for transition dynamics
Models of idea flows by Fernando Alvarez( Book )

8 editions published in 2008 in English and held by 17 WorldCat member libraries worldwide

This paper introduces several variations of the Eaton and Kortum (1999) model of technological change and characterizes their long run implications. Both exogenous and endogenous growth examples are studied
Money and interest in a cash-in-advance economy by Robert E Lucas( Book )

7 editions published between 1984 and 1987 in English and held by 15 WorldCat member libraries worldwide

In this paper we analyze an aggregative general equilibrimi model in which the use of money is motivated by a cash-in-advance constraint, applied to purchases of a subset of consumption goods. The system is subject to both real and monetary shocks, which are economy-wide and observed by all. We develop methods for verifying the existence of, characterizing, and explicitly calculating equilibria. A main result of the analysis is that current money growth affects the current real allocation only insofar as it affects expectations about future money growth, i.e., only through its value as a signal
Ideas and growth by Robert E Lucas( Book )

8 editions published in 2008 in English and held by 15 WorldCat member libraries worldwide

This paper introduces and partially develops a new model of endogenous technological change, viewed as the product of a class of problem-solving producers. The model, based on earlier work by Eaton and Kortum, is built up from the premise that all knowledge resides in the head of some individual person and the knowledge of a firm, or economy, or any group of people is simply the knowledge of the individuals that comprise it. The model is applied to an economy with a cohort structure. A calibration the model using cross-section earnings data, in addition to aggregate GDP growth, is considered
Financial innovation and the control of monetary aggregates : some evidence from Canada by Robert E Lucas( Book )

5 editions published in 1983 in English and held by 15 WorldCat member libraries worldwide

This paper presents an empirical test of the proposition that control of a monetary aggregate will generate a rise in its velocity.The test is carried out utilizing the Canadian experience of controlling Ml growth from 1975:3 to 1982:3. Section One of the paper presents evidence of the instability of the Canadian demand from Ml money since 1975:3. Section Two develops a specific form of the proposition which emphasizes the role of asset substitution between classes of chartered bank deposits. A relative asset demand equation is derived from a wealth maximization model subject to a technological transactions constraint and this equation is estimated from 1961 through 1982.The results lend support to the proposition that central bank control of Ml generated a rise in Ml velocity
Collected papers on monetary theory by Robert E Lucas( Book )

6 editions published between 2012 and 2013 in English and German and held by 9 WorldCat member libraries worldwide

Main description: Robert Lucas is one of the outstanding monetary theorists of the past hundred years. Along with Knut Wicksell, Irving Fisher, John Maynard Keynes, James Tobin, and Milton Friedman (his teacher), Lucas revolutionized our understanding of how money interacts with the real economy of production, consumption, and exchange. Lucas's contributions are both methodological and substantive. Methodologically, he developed dynamic, stochastic, general equilibrium models to analyze economic decision-makers operating through time in a complex, probabilistic environment. Substantively, he incorporated the quantity theory of money into these models and derived its implications for money growth, inflation, and interest rates in the long run. He also showed the different effects of anticipated and unanticipated changes in the stock of money on economic fluctuations, and helped to demonstrate that there was not a long-run trade-off between unemployment and inflation (the Phillips curve) that policy-makers could exploit. The twenty-one papers collected in this volume fall primarily into three categories: core monetary theory and public finance, asset pricing, and the real effects of monetary instability. Published between 1972 and 2007, they will inspire students and researchers who want to study the work of a master of economic modeling and to advance economics as a pure and applied science
Milton Friedman, Robert E. Lucas, Jr. and Edmund S. Phelps by Howard R Vane( Book )

3 editions published in 2009 in English and held by 8 WorldCat member libraries worldwide

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Recursive methods in economic dynamics
Alternative Names
Emerson Lucas, Robert 1937-

Lucas, Robert E.

Lucas, Robert E. 1937-...

Lucas, Robert E. 1937- Jr

Lucas, Robert E. 1937- jun

Lucas, Robert E.B. 1937-

Lucas, Robert E. Jr. 1937-

Lucas, Robert E. jun. 1937-

Lucas, Robert Emerson.

Lucas, Robert Emerson 1937-

Robert E. Lucas

Robert E. Lucas US-amerikanischer Ökonom

Robert Emerson Lucas

Robert Lucas Amerikaans econoom

Robert Lucas amerikansk ekonom

Robert Lucas amerikansk økonom

Robert Lucas economista statunitense

Robert Lucas, Jr amerikansk økonom

Robert Lucas Jr ekonomista amerykański, noblista

Robert Lucas mladší

Robert Lukas

Robertus Emerson Lucas

Лукас Р. мл. 1937-

Лукас, Роберт

Роберт Емерсон Лукас

Роберт Лукас

Робърт Лукас

Ռոբերտ Լուկաս կրտսեր

רוברט לוקאס

رابرٹ لوکس

رابرٹ لیوکس

روبرت امرسون لوکاس اقتصاددان آمریکایی

روبرت لوكاس جونيور

রবার্ট লুকাস অর্থনীতিবিদ

రాబర్ట్ లుకాస్

로버트 루카스 주니어

ルーカス, ロバート・E



Models of business cyclesRecursive methods in economic dynamicsLectures on economic growthMilton Friedman, Robert E. Lucas, Jr. and Edmund S. PhelpsThe legacy of Robert Lucas, Jr.Milton Friedman, Robert E. Lucas, Jr. and Edmund S. Phelps