从货币经济周期理论到实际经济周期理论的突破

the Breakthrough from the Theory of Monetary Business Cycles to the Theory of Real Business Cycles

实际经济周期理论的提出和发展,被众多经济学家认为是对传统的货币经济周期理论的突破。新古典宏观经济学派的第二代代表人物基德兰德和普雷斯科特研究总结出的实际经济周期理论,对宏观经济及政策的观察、解释、分析和运用新的方法提供了一个独特的视角。基于此背景,全面介绍了实际经济周期理论对货币经济周期理论的发展和突破,对实际经济周期理论的优缺点做出了相关的评述,并研究总结实际经济周期理论在中国宏观经济运行中的适用性。

Most of economists look on the theory of real business cycles as the breakthrough of the traditional theory of monetary business cycles. The representatives of the second period of new classical macroeconomists, Finn E.Kydland and Edward C. Prescott, who explored the theory of real business cycles, put forward a different visual angle for observation, explanation and application of new methods to macroeconomics. Based on the background, the development and the breakthrough of the theory of real business cycles are introduced in this article. In addition, advantages and disadvantages of the real business cycle theory are commented on and its applicability to Chinas macro-economy is summarized.