Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic theory
|
| gptkbp:advocatesFor |
models must account for expectations
|
| gptkbp:appliesTo |
macroeconomic policy
|
| gptkbp:associated_with |
new classical economics
|
| gptkbp:challenges |
traditional_Keynesian_economics
|
| gptkbp:criticism |
naive policy rules
static models time series econometrics post-Keynesian_economists |
| gptkbp:designedBy |
gptkb:Robert_Lucas
|
| gptkbp:emphasizes |
the importance of microfoundations
|
| gptkbp:evaluates |
the effectiveness of monetary policy
the impact of fiscal stimulus |
| gptkbp:has_a_focus_on |
rational expectations
|
| gptkbp:has_implications_for |
economic forecasting
|
| https://www.w3.org/2000/01/rdf-schema#label |
Lucas Critique
|
| gptkbp:influenced |
modern macroeconomic theory
|
| gptkbp:is_a_key_player_in |
debates on economic stabilization
|
| gptkbp:is_a_platform_for |
rational expectations hypothesis
policy evaluation frameworks new_Keynesian_economics |
| gptkbp:is_a_subject_of |
economic research
academic conferences economic modeling graduate theses rational expectations theory |
| gptkbp:is_essential_for |
economic theory development
|
| gptkbp:is_featured_in |
a rejection of all economic policy
|
| gptkbp:is_studied_in |
empirical studies
government intervention effects |
| gptkbp:is_used_in |
policy analysis
academic literature economic forums economic textbooks economic debates graduate economics courses policy-making circles economic policy reports |
| gptkbp:related_to |
monetary policy
inflation targeting dynamic stochastic general equilibrium models fiscal policy analysis business cycle theories expectations-augmented_Phillips_curve the_Lucas_island_model |
| gptkbp:suitableFor |
labor market policies
policy changes can alter expectations |
| gptkbp:was_a_factor_in |
policy formulation.
|
| gptkbp:was_a_response_to |
policy ineffectiveness proposition
|