Leonard Rapping
| Leonard A. Rapping | |
|---|---|
| Born |
April 16, 1934 Indianapolis, Indiana |
| Died |
October 1, 1991 (aged 57) Boston, Massachusetts |
| Nationality | American |
| Institutions |
University of Massachusetts Carnegie Mellon University |
| Field | Macroeconomics |
School or tradition | New classical macroeconomics |
| Alma mater |
University of Chicago University of California, Los Angeles |
| Influenced | Robert Lucas, Jr. |
Leonard A. Rapping (April 16, 1934 – October 1, 1991)[1] was an American economist, most famous for his work with Robert E. Lucas which laid the foundations for real business cycle theory. Although the implications of this work supported laissez-faire policies, Rapping's ideas subsequently evolved in a radical direction. He was highly critical of the supply-side policies of the Reagan administration.[2]
Selected publications
- "Unemployment in the Great Depression: Is There a Full Explanation?". doi:10.2307/1830142 (inactive 2015-03-17). JSTOR 1830142.
- Robert E. Lucas, Jr.; Leonard A. Rapping (Sep–Oct 1969). "Real Wages, Employment, and Inflation". Journal of Political Economy (The University of Chicago Press) 77 (5): 721–754. doi:10.2307/1829964 (inactive 2015-04-11). JSTOR 1829964.
- "The Role of Market Variables and Key Bargains in the Manufacturing Wage Determination Process". doi:10.2307/1830034 (inactive 2015-03-18). JSTOR 1830034.
- Rapping, L. (1965). "Learning and World War II Production Functions". The Review of Economics and Statistics 47: 81. doi:10.2307/1924126. JSTOR 1924126.
References
- ↑ Leonard A. Rapping at Find a Grave
- ↑ Lambert, Bruce (1991-10-04). "Leonard A. Rapping Dies at 57; Adviser and Economic Theorist". New York Times. Retrieved 2010-05-07.
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