Robert E. Lucas
1 paper in the Anchorcite directory, published in 1978, cited 5,193 times in total.
Research topics
- Financial Markets and Investment Strategies · 1 paper
- Economic theories and models · 1 paper
- Complex Systems and Time Series Analysis · 1 paper
Papers
- Asset Prices in an Exchange EconomyEconometrica · 1978 · 5,193 citations
THIS PAPER IS A THEORETICAL examination of the stochastic behavior of equilibrium asset prices in a one-good, pure exchange economy with identical consumers. The single good in this economy is (costlessly) produced in a number of different productive units; an…
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