(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
[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
journal of political economy, 1969. friedman gave his presidential
speech in 1967.
Ellen Frank wrote:
Dear Penners -
I have two questions I hope someone can
answer quickly.
(1) In what year did Milton Friedman become
president of the AEA?
(2) In what year did
