“Recursive Methods in Economic Dynamics”
E455406
“Recursive Methods in Economic Dynamics” is a foundational economics text that develops and applies recursive (dynamic programming) techniques to analyze intertemporal economic models and dynamic general equilibrium.
All labels observed (1)
| Label | Occurrences |
|---|---|
| “Recursive Methods in Economic Dynamics” canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T4586428 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: “Recursive Methods in Economic Dynamics” Context triple: [Robert Lucas Jr., notableWork, “Recursive Methods in Economic Dynamics”]
-
A.
“Propagation Problems and Impulse Problems in Dynamic Economics”
“Propagation Problems and Impulse Problems in Dynamic Economics” is a seminal paper by Ragnar Frisch that laid the foundations of modern business cycle theory by distinguishing between the driving shocks to the economy and the mechanisms that propagate them over time.
-
B.
Three Essays on the State of Economic Science
Three Essays on the State of Economic Science is a seminal collection of essays by economist Tjalling C. Koopmans that helped shape modern econometric and economic theory through its rigorous analysis of scientific methodology in economics.
-
C.
Ramsey–Cass–Koopmans model
The Ramsey–Cass–Koopmans model is a foundational neoclassical growth model in macroeconomics that analyzes optimal savings, consumption, and capital accumulation over time in a perfectly competitive economy.
-
D.
On the Theory of Economic Policy
On the Theory of Economic Policy is a foundational work in economics by Jan Tinbergen that systematically analyzes how governments can design and coordinate economic policies using formal models and quantitative methods.
-
E.
National Bureau of Economic Research studies in business cycles
National Bureau of Economic Research studies in business cycles is a scholarly series of empirical and historical research volumes analyzing fluctuations and long-term patterns in the U.S. and global economies.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: “Recursive Methods in Economic Dynamics” Target entity description: “Recursive Methods in Economic Dynamics” is a foundational economics text that develops and applies recursive (dynamic programming) techniques to analyze intertemporal economic models and dynamic general equilibrium.
-
A.
“Propagation Problems and Impulse Problems in Dynamic Economics”
“Propagation Problems and Impulse Problems in Dynamic Economics” is a seminal paper by Ragnar Frisch that laid the foundations of modern business cycle theory by distinguishing between the driving shocks to the economy and the mechanisms that propagate them over time.
-
B.
Three Essays on the State of Economic Science
Three Essays on the State of Economic Science is a seminal collection of essays by economist Tjalling C. Koopmans that helped shape modern econometric and economic theory through its rigorous analysis of scientific methodology in economics.
-
C.
Ramsey–Cass–Koopmans model
The Ramsey–Cass–Koopmans model is a foundational neoclassical growth model in macroeconomics that analyzes optimal savings, consumption, and capital accumulation over time in a perfectly competitive economy.
-
D.
On the Theory of Economic Policy
On the Theory of Economic Policy is a foundational work in economics by Jan Tinbergen that systematically analyzes how governments can design and coordinate economic policies using formal models and quantitative methods.
-
E.
National Bureau of Economic Research studies in business cycles
National Bureau of Economic Research studies in business cycles is a scholarly series of empirical and historical research volumes analyzing fluctuations and long-term patterns in the U.S. and global economies.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics textbook ⓘ |
| academicDiscipline | theoretical economics ⓘ |
| academicLevel | graduate ⓘ |
| author |
Edward C. Prescott
NERFINISHED
ⓘ
Nancy L. Stokey NERFINISHED ⓘ Robert E. Lucas Jr. NERFINISHED ⓘ |
| citationType | standard reference in dynamic economics ⓘ |
| countryOfPublication |
United States of America
ⓘ
surface form:
United States
|
| field | economics ⓘ |
| hasPart |
applications to asset pricing
ⓘ
applications to dynamic competitive equilibrium ⓘ applications to growth theory ⓘ deterministic dynamic programming ⓘ stochastic dynamic programming ⓘ |
| influenced |
dynamic contract theory
ⓘ
dynamic public finance ⓘ modern macroeconomic theory ⓘ quantitative macroeconomics ⓘ real business cycle models ⓘ |
| language | English ⓘ |
| originalPublicationYear | 1989 ⓘ |
| publisher | Harvard University Press NERFINISHED ⓘ |
| subfield |
dynamic general equilibrium theory
ⓘ
dynamic programming ⓘ economic dynamics ⓘ macroeconomics ⓘ |
| topic |
Bellman equation
NERFINISHED
ⓘ
Markov decision processes in economics ⓘ Markov processes ⓘ asset pricing in dynamic models ⓘ consumption-savings problems ⓘ contract theory in dynamic settings ⓘ dynamic general equilibrium models ⓘ dynamic programming with constraints ⓘ ergodic distributions ⓘ intertemporal optimization ⓘ optimal growth models ⓘ policy function iteration ⓘ recursive competitive equilibrium ⓘ recursive methods ⓘ stationary equilibria ⓘ stochastic dynamic programming ⓘ stochastic equilibria ⓘ value function iteration ⓘ |
| usesMethod |
Bellman operator
NERFINISHED
ⓘ
contraction mapping theorem ⓘ fixed point theorems ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: “Recursive Methods in Economic Dynamics” Description of subject: “Recursive Methods in Economic Dynamics” is a foundational economics text that develops and applies recursive (dynamic programming) techniques to analyze intertemporal economic models and dynamic general equilibrium.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.