The Undergraduate, Professional Master's in Finance and Business Economics, Master's and Academic Ph.D. programs of FGV EPGE – Escola Brasileira de Economia e Finanças welcomed Nobel Laureate Robert Lucas, on December 17th, for the End-of-Year Lecture. Robert Lucas is the fifth Nobel Prize winner to visit the School in the last three years, besides James Heckman, Robert Engle, Chris Sims and Edward Prescott.
In 1995, Lucas was awarded with the Nobel Prize for "having developed and applied the hypothesis of rational expectations, and thus transforming macroeconomic analysis and deepening our understanding of economic policy," explains the official Nobel Prize website. The possibilities of reliable evaluations of economic policies using statistical methods is only one of the subjects of his extensive work that has influenced macroeconomic research since the 1970s and impacted research in several other areas such as investment theory, financial economics, monetary economics, international economics and the theory of economic growth.
The lecture, based on his article “Ideas and Growth”, was given in English at the Thompson Motta auditorium, on the 12th floor of Fundação Getulio Vargas' main offices in Rio de Janeiro.
Click here to see photos of the event.