Wicksellian theory of interest
GPTKB entity
Statements (21)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:describes |
relationship between natural and market interest rates
|
| gptkbp:focusesOn |
interest rate
price level monetary equilibrium |
| gptkbp:hasConcept |
market rate of interest
natural rate of interest |
| https://www.w3.org/2000/01/rdf-schema#label |
Wicksellian theory of interest
|
| gptkbp:influenced |
gptkb:Keynesian_economics
gptkb:Austrian_School_of_economics monetary policy theory |
| gptkbp:introducedIn |
gptkb:Interest_and_Prices
1898 |
| gptkbp:proposedBy |
gptkb:Knut_Wicksell
|
| gptkbp:relatedTo |
price stability
central banking cumulative process |
| gptkbp:state |
if market rate < natural rate, price level rises
if market rate > natural rate, price level falls |
| gptkbp:bfsParent |
gptkb:Interest_and_Prices_(1898)
|
| gptkbp:bfsLayer |
8
|