Details about Robert E. Lucas, Jr.

This author is deceased (2023-05-15).

Access statistics for papers by Robert E. Lucas, Jr..

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Short-id: plu15

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Working Papers

2020

1. International Evidence on Long-Run Money Demand
   Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft View citations (8)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (19)
   2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (12)
   Working Papers, Federal Reserve Bank of Minneapolis (2017) View citations (6)
   Working Papers, eSocialSciences (2016) View citations (19)
   Staff Report, Federal Reserve Bank of Minneapolis (2019) View citations (2)
   See also Journal Article International evidence on long-run money demand, Journal of Monetary Economics, Elsevier (2021) View citations (9) (2021)

2019

2. Online Appendix for: International Evidence on Long-Run Money Demand
   Staff Report, Federal Reserve Bank of Minneapolis View citations (2)
   Also in Working Papers, Federal Reserve Bank of Minneapolis (2017) View citations (5)

2017

3. The Past, Present, and Future of Economics: A Celebration of the 125-Year Anniversary of the JPE and of Chicago Economics
   Natural Field Experiments, The Field Experiments Website View citations (3)
4. What Was the Industrial Revolution?
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
   See also Journal Article What Was the Industrial Revolution?, Journal of Human Capital, University of Chicago Press (2018) (2018)

2016

5. Learning, Career Paths, and the Distribution of Wages
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2016) View citations (5)
   See also Journal Article Learning, Career Paths, and the Distribution of Wages, American Economic Journal: Macroeconomics, American Economic Association (2019) View citations (8) (2019)

2015

6. On the Stability of Money Demand
   Working Papers, Federal Reserve Bank of Minneapolis View citations (96)
   Also in 2013 Meeting Papers, Society for Economic Dynamics (2013) View citations (8)
   See also Journal Article On the stability of money demand, Journal of Monetary Economics, Elsevier (2015) View citations (113) (2015)

2013

7. Idea Flows, Economic Growth, and Trade
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)

2011

8. Knowledge Growth and the Allocation of Time
   2011 Meeting Papers, Society for Economic Dynamics View citations (33)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (31)
   See also Journal Article Knowledge Growth and the Allocation of Time, Journal of Political Economy, University of Chicago Press (2014) View citations (207) (2014)
9. Liquidity crises
   Economic Policy Paper, Federal Reserve Bank of Minneapolis View citations (1)
10. Trade and Idea Flows
    2011 Meeting Papers, Society for Economic Dynamics View citations (6)

2010

11. On Efficient Distribution with Private Information
    Levine's Working Paper Archive, David K. Levine View citations (35)
    See also Journal Article On Efficient Distribution With Private Information, The Review of Economic Studies, Review of Economic Studies Ltd (1992) View citations (303) (1992)

2008

12. Ideas and Growth
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Journal Article Ideas and Growth, Economica, London School of Economics and Political Science (2009) View citations (85) (2009)
13. Models of Idea Flows
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (45)

2007

14. Trade and the Diffusion of the Industrial Revolution
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (27)
    See also Journal Article Trade and the Diffusion of the Industrial Revolution, American Economic Journal: Macroeconomics, American Economic Association (2009) View citations (114) (2009)

2005

15. General Equilibrium Analysis of the Eaton-Kortum Model of International Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)
    See also Journal Article General equilibrium analysis of the Eaton-Kortum model of international trade, Journal of Monetary Economics, Elsevier (2007) View citations (311) (2007)
16. Reflections on Economic Growth
    2005 Meeting Papers, Society for Economic Dynamics

2004

17. Implications of the Eaton-Kortum Model of International Trade
    2004 Meeting Papers, Society for Economic Dynamics
18. Menu Costs and Phillips Curves
    2004 Meeting Papers, Society for Economic Dynamics View citations (99)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (102)
    See also Journal Article Menu Costs and Phillips Curves, Journal of Political Economy, University of Chicago Press (2007) View citations (545) (2007)

2001

19. Interest rates and inflation
    Working Papers, Federal Reserve Bank of Minneapolis View citations (98)
    See also Journal Article Interest Rates and Inflation, American Economic Review, American Economic Association (2001) View citations (110) (2001)

1999

20. Externalities and Cities
    Annual Meeting Plenary, Society for Economic Dynamics View citations (8)
    See also Journal Article Externalities and Cities, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2001) View citations (97) (2001)
21. Making a Miracle
    Levine's Working Paper Archive, David K. Levine View citations (40)
    See also Journal Article Making a Miracle, Econometrica, Econometric Society (1993) View citations (226) (1993)

1996

22. Autobiography
    Nobel Prize in Economics documents, Nobel Prize Committee

1995

23. Monetary Neutrality
    Nobel Prize in Economics documents, Nobel Prize Committee View citations (7)

1994

24. On the welfare cost of inflation
    Working Papers in Applied Economic Theory, Federal Reserve Bank of San Francisco View citations (47)

1993

25. Effciency and Equality in a Simple Model of Unemployment Insurance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
26. Real Effects of Monetary Shocks in an Economy with Sequential Purchases
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (37)

1986

27. On the Mechanics of Economic Development: W.A. Mackintosh Lecture 1985
    Working Paper, Economics Department, Queen's University View citations (7)

1985

28. Money and Interest in a Cash-in-Advance Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (211)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1984) View citations (3)
    See also Journal Article Money and Interest in a Cash-in-Advance Economy, Econometrica, Econometric Society (1987) View citations (506) (1987)

1983

29. Financial Innovation and the Control of Monetary Aggregates: Some Evidence from Canada
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

1982

30. Optimal Fiscal and Monetary Policy in an Economy Without Capital
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (30)
    See also Journal Article Optimal fiscal and monetary policy in an economy without capital, Journal of Monetary Economics, Elsevier (1983) View citations (1285) (1983)
31. Optimal Growth with Many Consumers
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)
    See also Journal Article Optimal growth with many consumers, Journal of Economic Theory, Elsevier (1984) View citations (170) (1984)

Journal Articles

2021

1. International evidence on long-run money demand
   Journal of Monetary Economics, 2021, 117, (C), 43-63 View citations (9)
   See also Working Paper International Evidence on Long-Run Money Demand, Diskussionsschriften (2020) View citations (8) (2020)

2019

2. Learning, Career Paths, and the Distribution of Wages
   American Economic Journal: Macroeconomics, 2019, 11, (1), 49-88 View citations (8)
   See also Working Paper Learning, Career Paths, and the Distribution of Wages, NBER Working Papers (2016) View citations (11) (2016)

2018

3. Idea Flows and Economic Growth
   Annual Review of Economics, 2018, 10, (1), 315-345
4. What Was the Industrial Revolution?
   Journal of Human Capital, 2018, 12, (2), 182 - 203
   See also Working Paper What Was the Industrial Revolution?, NBER Working Papers (2017) View citations (4) (2017)

2017

5. Memories of Friedman and Patinkin
   Journal of Political Economy, 2017, 125, (6), 1831 - 1834

2015

6. Human Capital and Growth
   American Economic Review, 2015, 105, (5), 85-88 View citations (54)
7. On the stability of money demand
   Journal of Monetary Economics, 2015, 73, (C), 48-65 View citations (113)
   See also Working Paper On the Stability of Money Demand, Working Papers (2015) View citations (96) (2015)

2014

8. Knowledge Growth and the Allocation of Time
   Journal of Political Economy, 2014, 122, (1), 1 - 51 View citations (207)
   See also Working Paper Knowledge Growth and the Allocation of Time, 2011 Meeting Papers (2011) View citations (33) (2011)
9. Liquidity: meaning, measurement, management
   Review, 2014, 96, (3), 199-212 View citations (3)

2013

10. Glass-Steagall: A Requiem
    American Economic Review, 2013, 103, (3), 43-47 View citations (10)

2012

11. EconomicDynamics Interviews Robert Lucas on Modern Macroeconomics
    EconomicDynamics Newsletter, 2012, 14, (1)

2011

12. What Economists Do
    Journal of Applied Economics, 2011, 14, (1), 1-4 View citations (3)
    Also in Journal of Applied Economics, 2011, 14, 1-4 (2011) View citations (3)

2010

13. ERRATUM
    Economica, 2010, 77, (307), 611-611

2009

14. Ideas and Growth
    Economica, 2009, 76, (301), 1-19 View citations (85)
    See also Working Paper Ideas and Growth, NBER Working Papers (2008) View citations (10) (2008)
15. Trade and the Diffusion of the Industrial Revolution
    American Economic Journal: Macroeconomics, 2009, 1, (1), 1-25 View citations (114)
    See also Working Paper Trade and the Diffusion of the Industrial Revolution, NBER Working Papers (2007) View citations (27) (2007)

2007

16. General equilibrium analysis of the Eaton-Kortum model of international trade
    Journal of Monetary Economics, 2007, 54, (6), 1726-1768 View citations (311)
    See also Working Paper General Equilibrium Analysis of the Eaton-Kortum Model of International Trade, NBER Working Papers (2005) View citations (21) (2005)
17. Menu Costs and Phillips Curves
    Journal of Political Economy, 2007, 115, (2), 171-199 View citations (545)
    See also Working Paper Menu Costs and Phillips Curves, 2004 Meeting Papers (2004) View citations (99) (2004)
18. Remarks on the influence of Edward Prescott
    Economic Theory, 2007, 32, (1), 7-11 View citations (2)

2006

19. Handbook of Regional and Urban Economics, Volume 4: Cities and Geography
    Journal of Economic Geography, 2006, 6, (1), 91-112 View citations (3)

2005

20. Long-run risks and equity Returns
    Proceedings, 2005 View citations (1)
21. Panel discussion: understanding price determination: where are we now? where should we be going?
    Proceedings, 2005 View citations (23)
22. Present at the creation: Reflections on the 2004 Nobel Prize to Finn Kydland and Edward Prescott
    Review of Economic Dynamics, 2005, 8, (4), 777-779

2004

23. Keynote Address to the 2003 HOPE Conference: My Keynesian Education
    History of Political Economy, 2004, 36, (5), 12-24 View citations (20)
24. Life Earnings and Rural-Urban Migration
    Journal of Political Economy, 2004, 112, (S1), S29-S59 View citations (162)
25. The Industrial Revolution: past and future
    Annual Report, 2004, 18, (May), 5-20 View citations (27)

2003

26. Macroeconomic Priorities
    American Economic Review, 2003, 93, (1), 1-14 View citations (560)

2002

27. Editors' Introduction
    American Economic Review, 2002, 92, (2), vii-vii
28. Foreword
    American Economic Review, 2002, 92, (2), viii-viii
29. On the Internal Structure of Cities
    Econometrica, 2002, 70, (4), 1445-1476 View citations (432)

2001

30. Externalities and Cities
    Review of Economic Dynamics, 2001, 4, (2), 245-274 View citations (97)
    See also Working Paper Externalities and Cities, Annual Meeting Plenary (1999) View citations (8) (1999)
31. Interest Rates and Inflation
    American Economic Review, 2001, 91, (2), 219-225 View citations (110)
    See also Working Paper Interest rates and inflation, Working Papers (2001) View citations (98) (2001)

2000

32. Inflation and Welfare
    Econometrica, 2000, 68, (2), 247-274 View citations (444)
    See also Chapter Inflation and Welfare, International Economic Association Series, 2001, 96-142 (2001) View citations (8) (2001)
33. Some Macroeconomics for the 21st Century
    Journal of Economic Perspectives, 2000, 14, (1), 159-168 View citations (189)

1996

34. Nobel Lecture: Monetary Neutrality
    Journal of Political Economy, 1996, 104, (4), 661-82 View citations (207)

1995

35. Efficiency and Equality in a Simple Model of Efficient Unemployment Insurance
    Journal of Economic Theory, 1995, 66, (1), 64-88 View citations (97)

1994

36. Comments on Ball and Mankiw
    Carnegie-Rochester Conference Series on Public Policy, 1994, 41, (1), 153-155 View citations (5)
37. Review of Milton Friedman and Anna J. Schwartz's 'a monetary history of the United States, 1867-1960'
    Journal of Monetary Economics, 1994, 34, (1), 5-16 View citations (10)

1993

38. Making a Miracle
    Econometrica, 1993, 61, (2), 251-72 View citations (226)
    See also Working Paper Making a Miracle, Levine's Working Paper Archive (1999) View citations (40) (1999)

1992

39. Money and Interest in a Cash-in-Advance Economy: Reply
    Econometrica, 1992, 60, (2), 441-42 View citations (2)
40. On Efficiency and Distribution
    Economic Journal, 1992, 102, (411), 233-47 View citations (34)
41. On Efficient Distribution With Private Information
    The Review of Economic Studies, 1992, 59, (3), 427-453 View citations (303)
    See also Working Paper On Efficient Distribution with Private Information, Levine's Working Paper Archive (2010) View citations (35) (2010)

1990

42. Liquidity and interest rates
    Journal of Economic Theory, 1990, 50, (2), 237-264 View citations (460)
43. Supply-Side Economics: An Analytical Review
    Oxford Economic Papers, 1990, 42, (2), 293-316 View citations (719)
44. Why Doesn't Capital Flow from Rich to Poor Countries?
    American Economic Review, 1990, 80, (2), 92-96 View citations (1395)

1988

45. Money demand in the United States: A quantitative review
    Carnegie-Rochester Conference Series on Public Policy, 1988, 29, (1), 137-167 View citations (191)
46. On the mechanics of economic development
    Journal of Monetary Economics, 1988, 22, (1), 3-42 View citations (9334)

1987

47. La monnaie et l'intérêt sous contrainte de transaction
    Annals of Economics and Statistics, 1987, (8), 1-26
48. Money and Interest in a Cash-in-Advance Economy
    Econometrica, 1987, 55, (3), 491-513 View citations (506)
    See also Working Paper Money and Interest in a Cash-in-Advance Economy, NBER Working Papers (1985) View citations (211) (1985)

1986

49. Adaptive Behavior and Economic Theory
    The Journal of Business, 1986, 59, (4), S401-26 View citations (142)
50. Principles of fiscal and monetary policy
    Journal of Monetary Economics, 1986, 17, (1), 117-134 View citations (50)

1984

51. Money in a theory of finance
    Carnegie-Rochester Conference Series on Public Policy, 1984, 21, (1), 9-46 View citations (50)
52. Optimal growth with many consumers
    Journal of Economic Theory, 1984, 32, (1), 139-171 View citations (170)
    See also Working Paper Optimal Growth with Many Consumers, Discussion Papers (1982) View citations (1) (1982)

1983

53. Corrigendum
    Journal of Economic Theory, 1983, 31, (1), 197-199
54. Optimal fiscal and monetary policy in an economy without capital
    Journal of Monetary Economics, 1983, 12, (1), 55-93 View citations (1285)
    See also Working Paper Optimal Fiscal and Monetary Policy in an Economy Without Capital, Discussion Papers (1982) View citations (30) (1982)

1982

55. Interest rates and currency prices in a two-country world
    Journal of Monetary Economics, 1982, 10, (3), 335-359 View citations (746)

1981

56. Discussion of: Stanley Fischer, "towards an understanding of the costs of inflation: II"
    Carnegie-Rochester Conference Series on Public Policy, 1981, 15, (1), 43-52 View citations (68)
57. Tobin and Monetarism: A Review Article
    Journal of Economic Literature, 1981, 19, (2), 558-67 View citations (35)

1980

58. Equilibrium in a Pure Currency Economy
    Economic Inquiry, 1980, 18, (2), 203-20 View citations (350)
59. Methods and Problems in Business Cycle Theory
    Journal of Money, Credit and Banking, 1980, 12, (4), 696-715 View citations (242)
60. Two Illustrations of the Quantity Theory of Money
    American Economic Review, 1980, 70, (5), 1005-14 View citations (240)

1979

61. A report to the OECD by a group of independent experts OECD, June 1977: A review
    Carnegie-Rochester Conference Series on Public Policy, 1979, 11, (1), 161-168 View citations (2)
62. After Keynesian macroeconomics
    Quarterly Review, 1979, 3, (Spr) View citations (79)

1978

63. Asset Prices in an Exchange Economy
    Econometrica, 1978, 46, (6), 1429-45 View citations (2312)
64. On the Size Distribution of Business Firms
    Bell Journal of Economics, 1978, 9, (2), 508-523 View citations (1765)
65. Unemployment Policy
    American Economic Review, 1978, 68, (2), 353-57 View citations (37)

1977

66. Reply to muench and polemarchakis and weiss
    Journal of Economic Theory, 1977, 15, (2), 351-352 View citations (2)
67. Some International Evidence on Output-Inflation Tradeoffs: Reply
    American Economic Review, 1977, 67, (4), 731 View citations (3)
68. Understanding business cycles
    Carnegie-Rochester Conference Series on Public Policy, 1977, 5, (1), 7-29 View citations (579)

1976

69. Econometric policy evaluation: A critique
    Carnegie-Rochester Conference Series on Public Policy, 1976, 1, (1), 19-46 View citations (2636)
70. Reply
    Carnegie-Rochester Conference Series on Public Policy, 1976, 1, (1), 61-62

1975

71. An Equilibrium Model of the Business Cycle
    Journal of Political Economy, 1975, 83, (6), 1113-44 View citations (261)

1974

72. Equilibrium search and unemployment
    Journal of Economic Theory, 1974, 7, (2), 188-209 View citations (415)

1973

73. Some International Evidence on Output-Inflation Tradeoffs
    American Economic Review, 1973, 63, (3), 326-34 View citations (907)
74. Wage Inflation and the Structure of Regional Unemployment: Comment
    Journal of Money, Credit and Banking, 1973, 5, (1), 382-84 View citations (1)

1972

75. A Note on Price Systems in Infinite Dimensional Space
    International Economic Review, 1972, 13, (2), 416-22 View citations (17)
76. Expectations and the neutrality of money
    Journal of Economic Theory, 1972, 4, (2), 103-124 View citations (2003)
77. Unemployment in the Great Depression: Is There a Full Explanation?
    Journal of Political Economy, 1972, 80, (1), 186-91 View citations (26)

1971

78. Investment Under Uncertainty
    Econometrica, 1971, 39, (5), 659-81 View citations (384)
79. Optimal Management of a Research and Development Project
    Management Science, 1971, 17, (11), 679-697 View citations (19)

1970

80. Capacity, Overtime, and Empirical Production Functions
    American Economic Review, 1970, 60, (2), 23-27 View citations (74)

1969

81. Price Expectations and the Phillips Curve
    American Economic Review, 1969, 59, (3), 342-50 View citations (45)
82. Real Wages, Employment, and Inflation
    Journal of Political Economy, 1969, 77, (5), 721-54 View citations (256)

1967

83. Adjustment Costs and the Theory of Supply
    Journal of Political Economy, 1967, 75, (4), 321 View citations (423)
84. Tests of a Capital-Theoretic Model of Technological Change
    The Review of Economic Studies, 1967, 34, (2), 175-189 View citations (11)

Books

2013

1. Collected Papers on Monetary Theory
   Economics Books, Harvard University Press View citations (4)

Chapters

2012

1. Two Basic Principles
   Chapter 5 in The Taylor Rule and the Transformation of Monetary Policy, 2012

2001

2. Inflation and Welfare
   Palgrave Macmillan View citations (8)
   See also Journal Article Inflation and Welfare, Econometric Society (2000) View citations (444) (2000)

1980

3. Rules, Discretion, and the Role of the Economic Advisor
   A chapter in Rational Expectations and Economic Policy, 1980, pp 199-210 View citations (29)