KnowraReal business cycle theoryLinked fromLinked fromThe 11 pages that link to Real business cycle theory, each with the reason it gives.All 11Broader topic 2Related 4Compared with 5Business cycleRelated: It offers an account of cycles that differs from demand-centered explanations.New Keynesian economicsCompared with: It contrasts with New Keynesian accounts that assign a central role to nominal rigidities.Recession (economics)Compared with: It contrasts with explanations centered on demand shocks or monetary disturbances.Arrow–Debreu modelRelated: Many dynamic macroeconomic models use Arrow–Debreu structures to represent uncertainty and equilibrium.Dynamic stochastic general equilibriumRelated: Real business cycle models supplied influential dynamic, stochastic equilibrium methods.Post-Keynesian economicsCompared with: It contrasts with Post-Keynesian accounts of demand shortfalls and financially amplified instability.Austrian business cycle theoryCompared with: It attributes cycles to real disturbances rather than credit-driven interest-rate distortions.Edward C. PrescottBroader topic: Prescott co-developed this account of business cycles with Finn Kydland.Finn E. KydlandBroader topic: Kydland and Prescott developed a model that made technology shocks central to business cycles.Robert Lucas Jr.Related: Lucas’s equilibrium methods helped shape this later account of business cycles.History of macroeconomic thoughtCompared with: It rejected sticky prices and demand shortfalls as primary explanations of business cycles.