Similarities between Macroeconomics and Real business-cycle theory
Macroeconomics and Real business-cycle theory have 13 things in common (in Unionpedia): Business cycle, Dynamic stochastic general equilibrium, Edward C. Prescott, Finn E. Kydland, Great Depression, Greg Mankiw, Keynesian economics, Lucas critique, Macroeconomic model, Monetary policy, New classical macroeconomics, New Keynesian economics, Recession.
Business cycle
The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.
Business cycle and Macroeconomics · Business cycle and Real business-cycle theory ·
Dynamic stochastic general equilibrium
Dynamic stochastic general equilibrium modeling (abbreviated as DSGE, or DGE, or sometimes SDGE) is a method in macroeconomics that attempts to explain economic phenomena, such as economic growth and business cycles, and the effects of economic policy, through econometric models based on applied general equilibrium theory and microeconomic principles.
Dynamic stochastic general equilibrium and Macroeconomics · Dynamic stochastic general equilibrium and Real business-cycle theory ·
Edward C. Prescott
Edward Christian Prescott (born December 26, 1940) is an American economist.
Edward C. Prescott and Macroeconomics · Edward C. Prescott and Real business-cycle theory ·
Finn E. Kydland
Finn Erling Kydland (born 1 December 1943) is a Norwegian economist known for his contributions to business cycle theory.
Finn E. Kydland and Macroeconomics · Finn E. Kydland and Real business-cycle theory ·
Great Depression
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.
Great Depression and Macroeconomics · Great Depression and Real business-cycle theory ·
Greg Mankiw
Nicholas Gregory Mankiw (born February 3, 1958) is an American macroeconomist and the Robert M. Beren Professor of Economics at Harvard University.
Greg Mankiw and Macroeconomics · Greg Mankiw and Real business-cycle theory ·
Keynesian economics
Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).
Keynesian economics and Macroeconomics · Keynesian economics and Real business-cycle theory ·
Lucas critique
The Lucas critique, named for Robert Lucas's work on macroeconomic policymaking, argues that it is naive to try to predict the effects of a change in economic policy entirely on the basis of relationships observed in historical data, especially highly aggregated historical data.
Lucas critique and Macroeconomics · Lucas critique and Real business-cycle theory ·
Macroeconomic model
A macroeconomic model is an analytical tool designed to describe the operation of the economy of a country or a region.
Macroeconomic model and Macroeconomics · Macroeconomic model and Real business-cycle theory ·
Monetary policy
Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
Macroeconomics and Monetary policy · Monetary policy and Real business-cycle theory ·
New classical macroeconomics
New classical macroeconomics, sometimes simply called new classical economics, is a school of thought in macroeconomics that builds its analysis entirely on a neoclassical framework.
Macroeconomics and New classical macroeconomics · New classical macroeconomics and Real business-cycle theory ·
New Keynesian economics
New Keynesian economics is a school of contemporary macroeconomics that strives to provide microeconomic foundations for Keynesian economics.
Macroeconomics and New Keynesian economics · New Keynesian economics and Real business-cycle theory ·
Recession
In economics, a recession is a business cycle contraction which results in a general slowdown in economic activity.
Macroeconomics and Recession · Real business-cycle theory and Recession ·
The list above answers the following questions
- What Macroeconomics and Real business-cycle theory have in common
- What are the similarities between Macroeconomics and Real business-cycle theory
Macroeconomics and Real business-cycle theory Comparison
Macroeconomics has 120 relations, while Real business-cycle theory has 41. As they have in common 13, the Jaccard index is 8.07% = 13 / (120 + 41).
References
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