Hicks-Hansen model

GPTKB entity

Statements (27)
Predicate Object
gptkbp:instanceOf macroeconomic model
gptkbp:alsoKnownAs gptkb:IS-LM_model
gptkbp:appliesTo closed economy
gptkbp:assumes fixed price level
short-run analysis
gptkbp:basedOn gptkb:Keynesian_economics
gptkbp:category macroeconomics
gptkbp:component gptkb:IS_curve
gptkb:LM_curve
gptkbp:criticizedFor ignoring expectations
static framework
gptkbp:describes relationship between interest rates and real output
gptkbp:developedBy gptkb:John_Hicks
gptkb:Alvin_Hansen
gptkbp:extendsTo gptkb:Mundell-Fleming_model
gptkbp:focusesOn goods market equilibrium
money market equilibrium
gptkbp:graphicallyRepresents intersection of IS and LM curves
https://www.w3.org/2000/01/rdf-schema#label Hicks-Hansen model
gptkbp:influenced modern macroeconomics
gptkbp:influencedBy gptkb:John_Maynard_Keynes
gptkbp:introducedIn 1937
gptkbp:publishedIn gptkb:Econometrica
gptkbp:usedFor analyzing fiscal policy
analyzing monetary policy
gptkbp:bfsParent gptkb:IS-LM_model
gptkbp:bfsLayer 6