شرح و بسطي بر مقدمه "انتظارات و خنثايي پول"

An Elaboration on the introduction of "Expectations & neutrality of money"

This study is an elaboration on the introduction of Robert Lucasʹ article (the Nobel Prize winner of the year 1995) entitled "Expectations & neutrality of money". He is regarded as a promoter of the Macroeconomic Theory. We try to elaborate and interpret some of the essential points of his paper. The main concern of the research is to find out the important points, regarded by him. that facilitated and made possible his conclus ions. We also try to introduce the special points that he has singled out in his presentation. The methodology used is content analysis based on comparative views. Due to the complexity and thoroughness of the issues which the paper contains and because of the frequent references made to this article since the date of its publication, we try to focus on the power and profundity of the assumptions and conclusions, which are rarely and sporadically tackled in the literature. Therefore. the content analysis methodology and the related elaboration used are actually on the assumptions and model specifications to make it possible to introduce it to the Iranian economic specialists. We think that the result of this study will help us with better understanding of the new lines of thoughts as cores of Macroeconomics envisaged by Lucasʹ article.