The Graduation, Professional Master's Degree in Finance and Business Economics, Master's and PhD Academic degrees from the FGV EPGE - Brazilian School of Economics and Finance received the Nobel Prize Robert Lucas for the closing lecture of the school year on December 17th. Robert Lucas was the fifth Nobel Prize winner to visit the School in the last three years, along with James Heckman, Robert Engle, Chris Sims and Edward Prescott.
In 1995, Lucas was awarded the Nobel Prize for "having developed and applied the rational expectations hypothesis, and thus transformed the macroeconomic analysis and deepened our understanding of economic policy," explains the official website of the award. The possibilities of reliable evaluation of economic policies through statistical methods is only one of the themes of his extensive work, which has influenced macroeconomic research since the 1970s and impacted research in several other areas such as investment theory, financial economics, economics Monetary policy, international economics and economic growth theory.
The lecture, based on his article Ideas and Growth, was given in English at the Thompson Motta auditorium, on the 12th floor of the headquarters of the Getulio Vargas Foundation in Rio.