Profile Major Works Resources

Nancy L. Stokey

Photo of N.L.Stokey

Mathematical economist at Chicago.

Nancy Laura Stokey obtained her Ph.D. at Harvard in 1978 under Kenneth J. Arrow.  Stokey promptly joined the faculty at Northwestern until 1989/90, when she moved across town to the University of Chicago

Stokey is married to her Chicago colleague and occasional co-writer, Robert Lucas.  Their joint textbook, Recursive Methods in Economic Dynamics quickly became a standard mathematical reference for modern New Classical macroeconomics.

 

  


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Major Works of Nancy L. Stokey

  • "Intertemporal Price Discrimination", 1979, QJE
  • "A Life-Cycle Model of the Linear Income Tax", 1980, RES
  • "Job Differentiation and Wages", 1980, QJE
  • "Rational Expectations and Durable Goods Pricing", 1981, Bell JE
  • "Information, Trade and Common Knowledge" with P. Milgrom, 1982, JET
  • "Optimal Fiscal and Monetary Policy in an Economy without Capital", with R.E. Lucas, 1983, JME  [pdf]
  • "A Comparison of Tournaments and Contests", with J. Green, 1983, JPE [nber wp]
  • "Optimal Growth with Many Consumers", with R. E. Lucas, 1984, JET
  • "The Importance of the Period of Commitment in Dynamic Games", with J.F.Reinganum, 1985, IER
  • "The Economics of Industry-Wide Learning", 1986, in Heller et al., editors, Equilibrium Analysis.
  • "Money and Interest in a Cash-in-Advance Economy", with R. E. Lucas, 1987, Econometrica [nber wp]
  • "Learning-by-Doing and the Introduction of New Goods", 1988, JPE
  • "Reputation and Time Consistency", 1989, AER
  • Recursive Methods in Economic Dynamics, with R. E. Lucas, 1989. [intro]
  • "The Volume and Composition of Trade Between Rich and Poor Countries" 1991, RES.
  • "Credible Public Policy" 1991, JEDC
  • "Human Capital, Product Quality, and Growth", 1991, QJE
  • "Introduction: Symposium on Economic Growth, Theory and Computations", with L. E. Jones, 1992, JET
  • "Growth Effects of Flat-Rate Taxes" with S. Rebelo, 1995, JPE [nber wp]
  • "R&D and Economic Growth", 1995, RES
  • "Shirtsleeves to Shirtsleeves: the economics of social mobility", 1996  (Schwartz lecture) [pdf]
  • "Free Trade, Factor Returns, and Factor Accumulation", 1996, J of Econ Growth
  • "Dynamic Programming with Homogeneous Functions" with F. Alvarez, 1998, JET [pdf]
  • "Are There Limits to Growth?", 1998, IER [pdf]
  • "Rules versus Discretion after Twenty-Five Years", 2002, NBER Macro annual [pdf]
  • The Economics of Inaction, 2008.
  • "Introduction to Dynamic General Equilibrium", with L.E. Ohanian and E.C. Prescott, 2009, JET [pdf]

 


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Resources on Nancy L. Stokey

 

 
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