Robert Lucas Jr.

Economist, Nobel Prize laureate

Robert Lucas Jr. - Economist, Nobel Prize laureate
Born

September 15th, 1937
87 years ago

Died

2023
2 years ago — 86 years old

Category

Scientists & Innovators

Country

United States

Links & References

An economist and academic contributed significantly to the fields of macroeconomics and economic theory. Developed the concept of rational expectations, which revolutionized the understanding of how people form their expectations about the economy. Served as a professor at the University of Chicago, where influential economic models were formulated. Received the Nobel Prize in Economic Sciences in 1995 for contributions to the development of modern macroeconomic analysis.

Developed the rational expectations theory

Awarded the Nobel Prize in Economic Sciences in 1995

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