发帖
雷达卡
Robert E. Lucas, Jr.，University of Chicago
Nobel Lecture: Monetary Neutrality
Introduction：The work for which I have received the Nobel Prize was part of an
effort to understand how changes in the conduct of monetary policy
can influence inflation, employment, and production. So much
thought has been devoted to this question and so much evidence is
available that one might reasonably assume that it had been solved
long ago. But this is not the case: It had not been solved in the 1970s
when I began my work on it, and even now this question has not
been given anything like a fully satisfactory answer. In this lecture I
shall try to clarify what it is about the problem of bringing available
evidence to bear on the assessment of different monetary policies
that makes it so difficult and to review the progress that has been
made toward solving it in the last two decades.
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