Re: Re: dumb question

[Ellen Frank]

[EMAIL PROTECTED] writes:
>
>>      (2)  In what year did Lucas publish the first of
>>his articles laying out the theory of rational expectations?
>
>It was John Muth who thought up the theory of ratex. Lucas applied it to
>macro.
>
>Jim Devine [EMAIL PROTECTED] &  http://liberalarts.lmu.edu/~jdevine
>
Do you know what year Lucas's article appeared?  (I think it was
co-authored 
with Leonard Rapping, who later atoned for his sins).

                                Ellen