Abstract
This paper is a critical review of and a reader's guide to a collection of papers by Robert E. Lucas, Jr. about fruitful ways of using general equilibrium theories to understand measured economic aggregates. These beautifully written and wisely argued papers integrated macroeconomics, microeconomics, finance, and econometrics in ways that restructured big parts of macroeconomic research.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 43-64 |
| Number of pages | 22 |
| Journal | Journal of Economic Literature |
| Volume | 53 |
| Issue number | 1 |
| DOIs | |
| State | Published - Mar 1 2015 |
ASJC Scopus subject areas
- Economics and Econometrics