Statements (18)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:citation |
many macroeconomic studies
|
gptkbp:criticizedFor |
traditional econometric policy evaluation
|
gptkbp:field |
macroeconomics
|
gptkbp:fullTitle |
gptkb:Econometric_Policy_Evaluation:_A_Critique
|
gptkbp:hasConcept |
policy evaluation must account for changes in expectations
|
https://www.w3.org/2000/01/rdf-schema#label |
Lucas Critique
|
gptkbp:impact |
changed approach to macroeconomic modeling
|
gptkbp:influenced |
gptkb:rational_expectations_revolution
|
gptkbp:proposedBy |
gptkb:Robert_Lucas_Jr.
|
gptkbp:publishedIn |
gptkb:Econometrica
|
gptkbp:relatedTo |
rational expectations
macroeconomic policy structural econometric models |
gptkbp:requires |
structural parameters change with policy
|
gptkbp:yearProposed |
1976
|
gptkbp:bfsParent |
gptkb:The_Brown_Critique
|
gptkbp:bfsLayer |
7
|