Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:assumes |
rational expectations
markets clear |
| gptkbp:contrastsWith |
gptkb:Keynesian_theory
|
| gptkbp:criticizedFor |
neglecting monetary factors
assuming perfect competition |
| gptkbp:developedBy |
gptkb:Finn_E._Kydland
gptkb:Edward_C._Prescott |
| gptkbp:emphasizes |
technology shocks
|
| gptkbp:explains |
economic fluctuations due to real shocks
|
| gptkbp:field |
macroeconomics
|
| gptkbp:firstPublished |
1982
|
| gptkbp:focusesOn |
business cycle fluctuations
|
| gptkbp:fullName |
gptkb:Real_Business_Cycle_theory
|
| https://www.w3.org/2000/01/rdf-schema#label |
RBC theory
|
| gptkbp:influenced |
modern macroeconomic modeling
|
| gptkbp:uses |
dynamic stochastic general equilibrium models
|
| gptkbp:bfsParent |
gptkb:Real_Business_Cycle_theory
|
| gptkbp:bfsLayer |
7
|