Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent
E930673
"Recursive Macroeconomic Theory" by Lars Ljungqvist and Thomas J. Sargent is a graduate-level textbook that develops modern dynamic macroeconomics using recursive methods, with a strong emphasis on rigorous microfoundations and applications to topics such as growth, unemployment, and monetary and fiscal policy.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Recursive Macroeconomic Theory | 1 |
| Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T11515717 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent Context triple: [Advanced Macroeconomics, relatedWork, Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent]
-
A.
Interest and Prices: Foundations of a Theory of Monetary Policy
Interest and Prices: Foundations of a Theory of Monetary Policy is a highly influential macroeconomics book that develops a rigorous New Keynesian framework for analyzing monetary policy and inflation dynamics.
-
B.
Rules, Discretion, and Reputation in a Model of Monetary Policy
"Rules, Discretion, and Reputation in a Model of Monetary Policy" is an influential economic paper that analyzes how different monetary policy regimes and the credibility of policymakers affect inflation and output outcomes.
-
C.
Theory of Economic Dynamics
Theory of Economic Dynamics is a seminal work by Michał Kalecki that develops a macroeconomic framework for analyzing business cycles, investment, and long-run growth under conditions of imperfect competition.
-
D.
“Models of Business Cycles”
“Models of Business Cycles” is an influential economics book by Robert Lucas Jr. that develops a rigorous, microfounded theory of business cycle fluctuations using rational expectations and real business cycle methodology.
-
E.
Keynesian business cycle theories
Keynesian business cycle theories explain economic fluctuations primarily through changes in aggregate demand, emphasizing the roles of price and wage rigidities, government policy, and market imperfections in causing and mitigating recessions and booms.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent Target entity description: "Recursive Macroeconomic Theory" by Lars Ljungqvist and Thomas J. Sargent is a graduate-level textbook that develops modern dynamic macroeconomics using recursive methods, with a strong emphasis on rigorous microfoundations and applications to topics such as growth, unemployment, and monetary and fiscal policy.
-
A.
Interest and Prices: Foundations of a Theory of Monetary Policy
Interest and Prices: Foundations of a Theory of Monetary Policy is a highly influential macroeconomics book that develops a rigorous New Keynesian framework for analyzing monetary policy and inflation dynamics.
-
B.
Rules, Discretion, and Reputation in a Model of Monetary Policy
"Rules, Discretion, and Reputation in a Model of Monetary Policy" is an influential economic paper that analyzes how different monetary policy regimes and the credibility of policymakers affect inflation and output outcomes.
-
C.
Theory of Economic Dynamics
Theory of Economic Dynamics is a seminal work by Michał Kalecki that develops a macroeconomic framework for analyzing business cycles, investment, and long-run growth under conditions of imperfect competition.
-
D.
“Models of Business Cycles”
“Models of Business Cycles” is an influential economics book by Robert Lucas Jr. that develops a rigorous, microfounded theory of business cycle fluctuations using rational expectations and real business cycle methodology.
-
E.
Keynesian business cycle theories
Keynesian business cycle theories explain economic fluctuations primarily through changes in aggregate demand, emphasizing the roles of price and wage rigidities, government policy, and market imperfections in causing and mitigating recessions and booms.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
economics book
ⓘ
macroeconomics textbook ⓘ textbook ⓘ |
| approach |
Bellman equation
ⓘ
Markov decision processes ⓘ dynamic programming ⓘ recursive competitive equilibrium ⓘ recursive methods ⓘ stochastic dynamic programming ⓘ |
| author |
Lars Ljungqvist
ⓘ
Thomas J. Sargent ⓘ |
| emphasis |
dynamic general equilibrium
ⓘ
heterogeneous agents ⓘ incomplete markets ⓘ rigorous microfoundations ⓘ |
| field |
dynamic macroeconomics
ⓘ
economic theory ⓘ macroeconomics ⓘ |
| firstEditionPublicationYear | 2000 ⓘ |
| hasEdition |
second edition
ⓘ
third edition ⓘ |
| intendedAudience |
graduate students in economics
ⓘ
researchers in macroeconomics ⓘ |
| language | English ⓘ |
| level | graduate ⓘ |
| publisher | MIT Press ⓘ |
| topic |
New Keynesian-style frictions
ⓘ
asset pricing in macroeconomics ⓘ business cycle theory ⓘ consumption and saving ⓘ economic growth ⓘ fiscal policy ⓘ incomplete information ⓘ insurance and risk sharing ⓘ labor market frictions ⓘ learning in macroeconomics ⓘ monetary policy ⓘ optimal policy ⓘ precautionary saving ⓘ real business cycle models ⓘ reputation and credibility ⓘ search and matching models ⓘ search theory ⓘ taxation and government debt ⓘ time inconsistency ⓘ unemployment ⓘ |
| usesTool |
mathematical analysis
ⓘ
probability theory ⓘ stochastic processes ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent Description of subject: "Recursive Macroeconomic Theory" by Lars Ljungqvist and Thomas J. Sargent is a graduate-level textbook that develops modern dynamic macroeconomics using recursive methods, with a strong emphasis on rigorous microfoundations and applications to topics such as growth, unemployment, and monetary and fiscal policy.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
Advanced Macroeconomics
→
relatedWork
→
Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent
ⓘ
subject linked to:
graduate-level macroeconomics textbook Advanced Macroeconomics
linked to: Recursive Macroeconomic Theory by Lars Ljungqvist and Thomas J. Sargent