Lucaswedgeformula

ALucasWedgerepresentshowmuchhighergrossdomesticproduct(GDP)wouldhavebeenintheabsenceofeconomicsluggishnessorarecession.,由HUhlig著作·2022·被引用2次—Section4explainshowandwhyLucas'interestingrowththeory,afieldwherehehasexertedlong-lastinginfluence,developedovertheyears.,由AKhan著作·2003·被引用525次—*R)=(1+(1-0.656)*0-0072)=1.0025,wherethecalculationofthewedgeusesthequarterlynominalinterestrate0...

Lucas Wedge

A Lucas Wedge represents how much higher gross domestic product (GDP) would have been in the absence of economic sluggishness or a recession.

The Lasting Influence of Robert E. Lucas on Chicago Economics

由 H Uhlig 著作 · 2022 · 被引用 2 次 — Section 4 explains how and why Lucas' interest in growth theory, a field where he has exerted long-lasting influence, developed over the years.

Optimal Monetary Policy

由 A Khan 著作 · 2003 · 被引用 525 次 — * R) = (1 + (1 - 0.656) * 0-0072) = 1.0025, where the calculation of the wedge uses the quarterly nominal interest rate 0.0072. Time costs associated with use ...

the centralised solution of the uzawa

2005年5月25日 — introduces a wedge between the return on capital ... In the centralised solution, the differential equations system of the Uzawa-Lucas model can.

Lucas-Washburn Equation

The classical LW equation for characterization of spontaneous imbibition is modified for flow in nanotube by considering the effects of dynamic contact angle ...

Lucas wedge

The Lucas wedge is an economic measure of how much higher the gross domestic product would have been if it grew as fast as it should have.

Output Gap

A Lucas Wedge represents how much higher gross domestic product (GDP) would have been in the absence of economic sluggishness or a recession. more.

Okun's law

Okun's Law is sometimes confused with Lucas wedge. Mathematical statements ... equation may be written. Δ Y Y = 0.03 − 2 Δ u . -displaystyle -frac -Delta ...