Robert Lucas

John Dewey Distinguished Service Professor of Economics at University Of Chicago

Robert E. Lucas, Jr. is the John Dewey Distinguished Service Professor of Economics at the University of Chicago. He is a Fellow of the Econometric Society, the American Academy of Arts and Sciences, and the American Philosophical Society, and a member of the National Academy of Sciences. He is a past President of the Econometric Society and the American Economic Association. In 1995, he received the Nobel Memorial Prize in Economic Sciences. Lucas received his BA in History from the University of Chicago in 1959 and his Ph.D. in Economics in 1964. He was a member of the faculty of the Graduate School of Industrial Administration at Carnegie-­Mellon University from 1963 until 1974. He joined the Chicago faculty in 1975. Among his books are Studies in Business-­Cycle Theory (1981); Rational Expectations and Econometric Practice (1981), co-edited with Thomas Sargent; Models of Business Cycles (1985); and Recursive Methods in Economc Dynamics (1989), with Nancy Stokey and Edward Prescott.  His Lectures on Economic Growth were published in 2002; and Collected Papers on Monetary Theory were published in 2013.