本文从这一理念出发,在卢卡斯模型的基础上重新构建了新的总量生产函数。
From this point, we build a new total production function on the base of Lucas model.
卢卡斯接着问这些模型是否可以用来预测新政策的影响。
Lucas then asked whether these models could be used to predict the impact of new policies.
被称为“卢卡斯批判”的理论虽然给它的提出者带来了声望以及诺贝尔奖章,却极大挫伤了模型构造者的锐气。
The "Lucas critique", as it was called, brought its author fame and a Nobel prize. But it dealt a big blow to the confidence of model-makers.
卢卡斯分析了20世纪70年代的所有大型经济学模型。这些模型中含有上百个诸如收入,消费,失业等等的经济集群值。
Lucas looked at the large econometric models of the 1970s, models that contained hundreds of variables relating economic aggregates like income, consumption, unemployment and so forth.
第三部分介绍了卢卡斯的建立在动态最优制约基础上的内生性经济增长模型,揭示了人力资本对于经济增长的决定性作用。
The third part introduces the endogenous economic increase model of Lucas that based on dynamic optimal automation, revealing the decisive effect of human capital on economic increase.
第三部分介绍了卢卡斯的建立在动态最优制约基础上的内生性经济增长模型,揭示了人力资本对于经济增长的决定性作用。
The third part introduces the endogenous economic increase model of Lucas that based on dynamic optimal automation, revealing the decisive effect of human capital on economic increase.
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