Warehouse / Authors / Robert E. Lucas, Jr.
Robert E. Lucas, Jr.
Papers by Robert E. Lucas, Jr. tracked in the Macro Paper Warehouse.
5 papers tracked
0 forthcoming
5 classics
Showing 5 papers
Inflation and WelfareRobert E. Lucas, Jr.
Surveying and extending the Bailey-Friedman tradition of estimating the welfare cost of inflation, Lucas fits U.S. money-demand data for 1900-1994 and estimates that reducing annual inflation from 10 …