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| Modello delle Generazioni Sovrapposte× | Modello del ciclo economico reale× | |
|---|---|---|
| Campo | Economia | Economia |
| Famiglia | Regression model | Regression model |
| Anno di origine≠ | 1958 | 1982 |
| Ideatore≠ | Paul Samuelson, Peter Diamond | Finn Kydland, Edward Prescott |
| Tipo≠ | General equilibrium model | Dynamic stochastic general equilibrium model |
| Fonte seminale≠ | Diamond, P. A. (1965). National Debt in a Neoclassical Growth Model. American Economic Review, 55(5), 1126–1150. link ↗ | Kydland, F. E., & Prescott, E. C. (1982). Time to Build and Aggregate Fluctuations. Econometrica, 50(6), 1345–1370. DOI ↗ |
| Alias | OLG Model, Diamond Model | RBC Model, Kydland-Prescott Model |
| Correlati | 2 | 2 |
| Sintesi≠ | The Overlapping Generations Model, pioneered by Paul Samuelson in 1958 and extended by Peter Diamond in 1965, is a macroeconomic framework where successive generations of individuals live for finite periods and coexist at any point in time. It addresses how consumption, savings, and capital accumulation evolve across generations and how monetary and fiscal policy affects intergenerational distribution. | The Real Business Cycle (RBC) model, developed by Finn Kydland and Edward Prescott in 1982, is a dynamic stochastic general equilibrium framework that explains macroeconomic fluctuations as rational responses to exogenous technological shocks. Unlike Keynesian models that emphasize demand-side factors and nominal rigidities, the RBC model shows how productivity variations alone can generate business cycles that mimic observed employment, output, and investment dynamics. |
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