PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2012 | nr 101 Dokonania współczesnej myśli ekonomicznej : teoretyczne ujęcie dobrobytu | 91--100
Tytuł artykułu

Stabilizacja gospodarki w świetle ustaleń teorii realnego cyklu koniunkturalnego

Autorzy
Treść / Zawartość
Warianty tytułu
Countercyclical Policy in the Context of Real Business Cycle Theory
Języki publikacji
PL
Abstrakty
W związku z przyjęciem określonych założeń percepcja stabilizacji gospodarki w modelach realnego cyklu koniunkturalnego znacząco odbiega od standardów przyjętych w pozostałych strukturach głównego nurtu ekonomii. Nie oznacza to, że zagadnienia stabilizacji w RBC nie występuje w ogóle. Przyjmują inną formę niż szeroko rozumiana interwencja, co wynika z charakteru modeli RBC. (fragment tekstu)
EN
Business cycles have troubled market-oriented economies since the dawn of industrial age. Key changes in perception of business cycle phenomenon took place at the beginning of 70s of XX century. Based on the empirical tests published by F.E. Kydland and E.C. Prescott it has been accepted that the proposed model is able to describe most of US economy's dynamics. The mentioned article was acknowledged as the beginning of new approach in economics called real business cycle school. The aim of the article is to summarize ascertainments of RBC in countercyclical policy area. The basic assumptions of RBC theory will be presented, as well as the model adopted for the research of economics. On this basis, the recommended by RBC school representatives forms of countercyclical activities will be discussed. (original abstract)
Twórcy
autor
Bibliografia
  • C.R. Nelson, C.I. Plosser: Trends and Random Walks in Macroeconomic Time Series. "Journal of Monetary Economics" 1982, Vol. 10.
  • M. Friedman: The Role of Monetary Policy. "American Economic Review", March 1968, Vol. 58
  • R.E. Lucas: Econometric Policy Evaluation: A Critique. "Carnegie-Rochester Conference Series on Public Policy" 1976.
  • F.E. Kydland, E.C. Prescott: Time to build and aggregate fluctuations. "Econometrica", November 1982, Vol. 50.
  • J.B. Long, C.I. Plosser: Real Business Cycle. "Journal of Political Economy", February 1983, Vol. 91.
  • T.J. Sargent: Macroeconomic Theory. Academic Press, New York 1979, s. 256.
  • R.E. Lucas: Methods and Problems in Business Cycle Theory. "Journal of Money, Credit, and Banking", Vol. 12, No. 4
  • R.G. King: Quantitative Theory and Econometric. "Federal Reserve Bank of Richmond Quarterly Review", Summer 1995, Vol. 81.
  • R. Frisch: Propagation Problems and Impulse Problems in Dynamic Economies. W: Business Cycle Theory. Red. F.E. Kydland. EEPC, Aldershot-Brookfield 1995.
  • B. Snowdon, H.R. Vane: Modern Macroeconomics, Its Origins, Development and Current State. Edward Elgar Publishing Limited, Cheltenham, Northampton 2005, s. 224.
  • J.F. Muth: Rational Expectations and the Theory of Price Movements. "Econometrica", Vol. 29, No. 3.
  • R.E. Lucas, L.A. Rapping: Real Wages, Employement and Inflation. "Journal of Political Economy", Vol. 77, No. 5.
  • R.E. Lucas: An Equilibrium Model of Business Cycle. "Journal of Political Economy", Vol. 83, No. 6.
  • E.S. Phelps: Seven Schools of macroeconomics Thought. Clarendon Press, Oxford 1998, s. 42.
  • E.E. Kydland, E.C. Prescott: Business Cycles: Real Facts and Monetary Myth. W: Business Cycle Theory. Red. F.E. Kydland. EEPC, Aldershot-Brookfield 1995.
  • T.F. Cooley, E.C. Prescot: Economic Growth and Business Cycles. W: Frontiers of Business Cycle Research. Red. T.F. Cooley. Princeton University Press, Princeton 1995, s. 4.
  • S.T. Rebelo: Real Business Cycle Models: Past, Present, and Future. "NBER Working Paper", June 2005, No. 11401, s. 2.
  • R.G. King, S.T. Rebelo: Resuscitating Real Business Cycle. "NBER Working Paper", February 2000, No. 7534, s. 28.
  • E.C. Prescott: Theory Ahead of Business Cycle Measurement. "Federal Reserve Bank of Minneapolis Quarterly Review", Fall 1986.
  • S.T. Rebelo: Real Business Cycle Models: Past, Present and Future. "Scandinavian Journal of Economics", Vol. 107, No. 2, s. 219.
  • M. Garbicz: Hipoteza racjonalnych oczekiwań a kwestia skuteczności polityki gospodarczej. "Ekonomista" 2000, nr 4, s. 500.
  • L.H. Summers: Some Skeptical Observations on Real Business Cycle Theory. "Federal Reserve Bank of Minneapolis Quarterly Review", Vol. 10, No. 4
  • N.G. Mankiw: Real Business Cycle: A New Keynesian Perspective. "Journal of Economic Perspectives", Vol. 3, No. 3.
  • T.J. Sargent, N. Wallace: "Rational" Expectations, the Optimal Monetary Instrument and the Optimal Money Supply Rule. "Journal of Political Economy", Vol. 83, No. 2
  • T.J. Sargent, N. Wallace: Rational Expectations and the Theory of Economic Policy. "Journal of Monetary Economics", Vol. 2, No. 2.
  • J. Gazda: Wahania koniunkturalne w świetle teorii neoklasycznych. W: Teoretyczne aspekty gospodarowania. Red. D. Kopycińska. Wydawnictwo Naukowe Uniwersytetu Szczecińskiego, Szczecin 2005.
  • R.J. Barro: Makroekonomia. Polskie Wydawnictwo Ekonomiczne, Warszawa 1997, s. 343-365.
  • S. Chatterjee: Real Business Cycles: A Legacy of Countercyclical Policies? "Federal Reserve Bank of Philadelphia Business Review", January/February 1999.
  • G.D. Hansen: Indivisible Labor and the Business Cycle. "Journal of Monetary Economics", Vol. 16
  • G.D. Hansen, P. Benigno, M. Woodford: Optimal taxation in an RBC model: A linear-quadratic approach. "Journal of Economic Dynamics and Control", Vol. 30, No. 9-10.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171245819

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.