Statements (52)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:economic_analysis
|
| gptkbp:developed_by |
gptkb:Michael_Woodford
gptkb:Gregory_Mankiw |
| gptkbp:emphasizes |
role of expectations
|
| gptkbp:focuses_on |
monetary policy
aggregate demand price stickiness |
| gptkbp:has_applications_in |
fiscal policy
central banking |
| gptkbp:has_influence_on |
economic forecasting
business cycle theory |
| https://www.w3.org/2000/01/rdf-schema#label |
New Keynesian economics
|
| gptkbp:includes |
New Keynesian Phillips curve
|
| gptkbp:influences |
macroeconomic policy
|
| gptkbp:is_applied_in |
policy recommendations
economic research |
| gptkbp:is_associated_with |
sticky prices
sticky wages |
| gptkbp:is_characterized_by |
dynamic stochastic general equilibrium models
intertemporal optimization microfoundations |
| gptkbp:is_compared_to |
Classical economics
New Classical economics |
| gptkbp:is_considered |
gptkb:mainstream_economics
modern macroeconomics |
| gptkbp:is_criticized_for |
gptkb:Austrian_school
gptkb:Real_Business_Cycle_theorists complexity of models assumptions of rationality over-reliance on models |
| gptkbp:is_described_as |
economic fluctuations
rational expectations imperfect competition menu costs output gaps unemployment dynamics |
| gptkbp:is_explored_in |
academic literature
policy debates economic journals |
| gptkbp:is_influenced_by |
gptkb:John_Maynard_Keynes
gptkb:Paul_Krugman gptkb:David_Romer |
| gptkbp:is_part_of |
macroeconomic theory
|
| gptkbp:is_related_to |
gptkb:Keynesian_economics
inflation targeting macroeconomic stabilization |
| gptkbp:is_supported_by |
empirical evidence
theoretical models |
| gptkbp:is_taught_in |
economics courses
|
| gptkbp:is_used_in |
policy analysis
|
| gptkbp:bfsParent |
gptkb:John_Maynard_Keynes
|
| gptkbp:bfsLayer |
3
|