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| Model Ramzi-Kas-Kupmans× | Model realnih poslovnih ciklusa× | |
|---|---|---|
| Oblast | Ekonomija | Ekonomija |
| Porodica | Regression model | Regression model |
| Godina nastanka≠ | 1928 | 1982 |
| Tvorac≠ | Frank Ramsey, David Cass, Tjalling Koopmans | Finn Kydland, Edward Prescott |
| Tip≠ | Optimal growth model | Dynamic stochastic general equilibrium model |
| Temeljni izvor≠ | Ramsey, F. P. (1928). A Mathematical Theory of Saving. Economic Journal, 38(152), 543–559. DOI ↗ | Kydland, F. E., & Prescott, E. C. (1982). Time to Build and Aggregate Fluctuations. Econometrica, 50(6), 1345–1370. DOI ↗ |
| Drugi nazivi | RCK Model, Neoclassical Growth Model | RBC Model, Kydland-Prescott Model |
| Srodne | 2 | 2 |
| Sažetak≠ | The Ramsey-Cass-Koopmans model, developed initially by Frank Ramsey in 1928 and formalized by David Cass and Tjalling Koopmans in 1965, is the workhorse model of macroeconomic growth theory. It describes how rational consumers optimize consumption and savings over an infinite horizon, subject to an aggregate production function, and derives the long-run growth path and the optimal allocation of resources. | 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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