Statements (18)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:alsoKnownAs |
gptkb:real_balance_effect
|
gptkbp:contrastsWith |
gptkb:Keynesian_theory
|
gptkbp:describes |
relationship between real balances and consumption
|
gptkbp:explains |
how falling prices increase real wealth and consumption
|
gptkbp:firstDescribed |
1943
|
https://www.w3.org/2000/01/rdf-schema#label |
Pigou effect
|
gptkbp:influenced |
classical economics
monetary policy analysis |
gptkbp:namedAfter |
gptkb:Arthur_Cecil_Pigou
|
gptkbp:proposedBy |
gptkb:Arthur_Cecil_Pigou
|
gptkbp:publishedIn |
gptkb:The_Classical_Stationary_State_(1943)
|
gptkbp:relatedTo |
macroeconomics
aggregate demand price level wealth effect |
gptkbp:bfsParent |
gptkb:Arthur_Cecil_Pigou
|
gptkbp:bfsLayer |
5
|