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
|