Hicksian trade cycle model

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:assumes autonomous investment shocks
ceiling and floor constraints
induced investment
gptkbp:category business cycle theory
gptkbp:describedBy gptkb:Value_and_Capital
gptkbp:explains business cycles
gptkbp:hasComponent expansion phase
lower floor
recession phase
upper ceiling
gptkbp:hasConcept multiplier
accelerator
https://www.w3.org/2000/01/rdf-schema#label Hicksian trade cycle model
gptkbp:influencedBy gptkb:Keynesian_economics
gptkb:Samuelson_multiplier-accelerator_model
gptkbp:introducedIn 1939
gptkbp:predicts cyclical fluctuations in output
gptkbp:proposedBy gptkb:John_Hicks
gptkbp:type macroeconomic model
gptkbp:bfsParent gptkb:A_Model_of_the_Trade_Cycle
gptkbp:bfsLayer 7