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
|
| 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
|
| https://www.w3.org/2000/01/rdf-schema#label |
Lucas model
|