Robert Lucas Jr. was awarded Nobel Prize 1995 in Economic Sciences "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy."
Nationality United States
Institution University of Chicago, Department of Economics
Award 1995
Discipline Economic Sciences
MotivationAwarded with Nobel Prize 1995 in Economic Sciences "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy."
Further Information on the Official Web Site of the Nobel Prize
