Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
macroeconomic model
|
| gptkbp:alsoKnownAs |
gptkb:Real_Business_Cycle_model
|
| gptkbp:assumes |
perfect competition
rational expectations representative agent flexible prices technology shocks |
| gptkbp:basisFor |
gptkb:Dynamic_Stochastic_General_Equilibrium_models
|
| gptkbp:criticizedFor |
ignoring market imperfections
ignoring monetary factors |
| gptkbp:developedBy |
gptkb:Finn_Kydland
gptkb:Edward_C._Prescott |
| gptkbp:explains |
business cycles
|
| gptkbp:field |
macroeconomics
|
| https://www.w3.org/2000/01/rdf-schema#label |
Kydland-Prescott model
|
| gptkbp:influenced |
gptkb:Real_Business_Cycle_theory
|
| gptkbp:introducedIn |
1982
|
| gptkbp:publishedIn |
Time to Build and Aggregate Fluctuations
|
| gptkbp:relatedTo |
neoclassical growth model
|
| gptkbp:usedIn |
policy analysis
macroeconomic research |
| gptkbp:bfsParent |
gptkb:Barro-Gordon_model
|
| gptkbp:bfsLayer |
7
|