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Real Business Cycle Model×Overlapping Generations Model×
VakgebiedEconomieEconomie
FamilieRegression modelRegression model
Jaar van ontstaan19821958
GrondleggerFinn Kydland, Edward PrescottPaul Samuelson, Peter Diamond
TypeDynamic stochastic general equilibrium modelGeneral equilibrium model
Oorspronkelijke bronKydland, F. E., & Prescott, E. C. (1982). Time to Build and Aggregate Fluctuations. Econometrica, 50(6), 1345–1370. DOI ↗Diamond, P. A. (1965). National Debt in a Neoclassical Growth Model. American Economic Review, 55(5), 1126–1150. link ↗
AliassenRBC Model, Kydland-Prescott ModelOLG Model, Diamond Model
Verwant22
SamenvattingThe 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.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.
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ScholarGateMethoden vergelijken: Real Business Cycle Model · Overlapping Generations Model. Geraadpleegd op 2026-06-18 via https://scholargate.app/nl/compare