实际经济周期理论(real business cycle theory) 相关知识点: 试题来源: 解析 实际经济周期理论是20世纪80年代美国古典经济学家提出的一种新的经济周期理论模型,以普雷斯科特为代表。实际经济周期理论认为,经济的实际冲击是经济周期波动的主要原因,实际冲击指对经济的实际方面发生的扰动,比如影响生产函数的冲击、影响劳动力...
网络释义 1. 实际经济周期理论模型 在实际经济周期理论模型(Real business cycle models)中,假定厂商选择最优的投资和雇佣方案,个人作出最优的消费和劳 … jpkc.znufe.edu.cn|基于 1 个网页
(2)效率工资是指满足效率对工资弹性为1时的工资,即工资增加1%,效率也提高1%时的工资,效率工资一般高于平均工资。 效率工资理论的基本观点是,雇主必须把工资作为刺激雇员努力工作的手段。雇员在工作时候的努力程度决定了生产和经营的经济效率,如果员工积极性高,则生产的效率就高,反之亦然;而雇员工作时的努力程度又在...
Implications of the Model: Business Cycle • Lucas also concluded that the supply response would be higher in countries like the USA where inflation had been relatively stable, making unique price movements in individual prices easier to discern. – This means that smaller changes in the price ...
business cycle behavior. Here I employ classical methods of business cycle analysis to determine how well the cyclical properties of simulated data from a representative real business cycle model match up with postwar U.S. business cycle characteristics. While the simulated model reproduces qualitative...
3.The Indivisible Labor Model: Hansen (1985, JME) 3.1 Intensive and Extensive Margins in Labor Markets (1)Intensive margin: 调整工作时间;消费可行集是凸的 在劳动可分模型中,所有劳动投入的变化反映了狭义边际的调整 在不同时期单位家庭,闲暇的替代弹性为1 ...
但在了解论文之前,我们应该先对实际经济周期理论(RBC model)有个概念。 The RBC (Real Business Cycle Model) 在RBC之前,研究宏观经济波动流行的是凯恩斯主义模型,也就是IS-LM等聚焦在总需求上的方法。RBC的出现是为了解决当时模型存在的问题:缺少微观基础、对政策变化产生的影响预测不准(the Lucas Critique)、还有...
orthewillingnessofworkerstowork—causefluctuationsinpotentialoutputandlong-runaggregatesupply–Allwagesandpricesarecompletelyflexible,sothattheshort-runandlong-runaggregatesupplycurvesarethesame,namelyLRAS;andthusaggregateoutputalwaysequalspotentialoutputTheRealBusinessCycleModelProductivityShocksandBusinessCycleFluctuations...
This justifies running a simulation experiment using the real business cycle (RBC) model of KYDLAND/PRESCOTT (KP) (1982) which is formulated for a closed economy. The stylized facts obtained in our simulations are as close to effective series as reported in the original paper by KP (1982) ...