Lucas’ Equilibrium Account of the Business Cycle: Optimizing Behavior, General Equilibrium, and Modeling Rational Expectations
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More about this item
Keywords
Robert Lucas; Business Cycles; Representative Agent; General Equilibrium; Rational Expectations;All these keywords.
JEL classification:
- B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
- B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2015-10-17 (Dynamic General Equilibrium)
- NEP-HPE-2015-10-17 (History and Philosophy of Economics)
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