Statements (18)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:alsoKnownAs |
gptkb:Lucas_islands_model
|
gptkbp:assumes |
rational agents
imperfect information |
gptkbp:basisFor |
real business cycle theory
|
gptkbp:describes |
rational expectations
business cycles |
gptkbp:developedBy |
gptkb:Robert_Lucas_Jr.
|
gptkbp:explains |
ineffectiveness of systematic monetary policy
|
gptkbp:field |
macroeconomics
|
https://www.w3.org/2000/01/rdf-schema#label |
Lucas model
|
gptkbp:influenced |
modern macroeconomic theory
|
gptkbp:introducedIn |
1972
|
gptkbp:publishedIn |
gptkb:Journal_of_Economic_Theory
|
gptkbp:relatedTo |
gptkb:Phillips_curve
gptkb:New_Classical_Macroeconomics |
gptkbp:bfsParent |
gptkb:Modern_Growth_Theory
|
gptkbp:bfsLayer |
6
|