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Robert E. Lucas Jr.

Robert E. Lucas Jr. received the 1995 prize in Economic Sciences. This profile brings together the official award record and attributed background on the economist’s work and career.

Sources and references ↗
PROFILE / FACT FILE

Personal and professional profile

Name
Robert E. Lucas Jr. [1]
Full name
Robert E. Lucas Jr. [2]
Birth date
1937-09-15 [2]
Birthplace
Yakima, WA, USA [2]
Education
University of Chicago; Roosevelt High School [3]
Fields / occupation
economist [3]
Prize
Economic Sciences · 1995 [2]
Research recognized
for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy [2]
Prize share
1 [2]
Affiliation at the award
University of Chicago [2]
Death date
2023-05-15 [2]
Institutions in career record
Carnegie Mellon University; University of Chicago [3]

Research, education and career background

Robert Emerson Lucas Jr. (September 15, 1937 – May 15, 2023) was an American economist at the University of Chicago. Widely regarded as the central figure in the development of the new classical approach to macroeconomics, he received the Nobel Memorial Prize in Economic Sciences in 1995 "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy". N. Gregory Mankiw characterized him as "the most influential macroeconomist of the last quarter of the 20th century". In 2020, he ranked as the 10th most cited economist in the world. [4]

Selected introductory text by Wikipedia contributors — Robert Lucas Jr., under CC BY-SA 4.0. Official facts are cited separately.

Award and academic affiliation

The official Nobel record dates the Economic Sciences award to 1995 and lists University of Chicago as the affiliation at the time. [2]

An affiliation attached to an award describes that point in the person’s career; it does not establish a current appointment. [2]

Education and career timeline

  1. Birth date recorded in the official Nobel biography. [2]

  2. Education period at University of Chicago ended (background record). [3]

  3. Education period at University of Chicago ended (background record). [3]

  4. Economic Sciences award announced. [2]

  5. Death date recorded in the official Nobel biography. [2]

Source-supported connections

Robert E. Lucas Jr. → Affiliation at the 1995 award → University of Chicago [2]

Frequently asked questions

When did Robert E. Lucas Jr. receive the prize in Economic Sciences?

The official award record gives the year as 1995. [2]

Which institution was Robert E. Lucas Jr. affiliated with at the time of the Economic Sciences award?

University of Chicago. This is the award-time affiliation. [2]

RELATION MAP

Robert E. Lucas Jr. connection map

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. Nobel Prize — official biography and award record ↗
  2. Nobel Prize — official biography and award record ↗
  3. Wikidata background facts (CC0) ↗
  4. Wikipedia contributors — Robert Lucas Jr. (CC BY-SA 4.0) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.