Michael Woodford
E71495
Michael Woodford is an influential American economist best known for his work on monetary theory and policy within the New Keynesian framework, particularly through his seminal book "Interest and Prices."
All labels observed (1)
| Label | Occurrences |
|---|---|
| Michael Woodford canonical | 4 |
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
academic
ⓘ
economist ⓘ person ⓘ |
| affiliation | Department of Economics, Columbia University ⓘ |
| awardReceived | John Bates Clark Medal committee chair (service role, not medal recipient) ⓘ |
| countryOfCitizenship | United States of America ⓘ |
| educatedAt |
University of Chicago
ⓘ
Yale University ⓘ |
| employer | Columbia University ⓘ |
| fieldOfWork |
New Keynesian economics
ⓘ
macroeconomics ⓘ monetary economics ⓘ |
| genre | economic theory ⓘ |
| hasAcademicAdvisor |
Robert Lucas Jr.
ⓘ
surface form:
Robert E. Lucas Jr.
|
| hasAcademicDiscipline |
economics
ⓘ
macroeconomic theory ⓘ monetary theory ⓘ |
| hasWrittenOn |
expectations and monetary policy
ⓘ
interest rate rules ⓘ monetary policy under low interest rates ⓘ optimal monetary policy ⓘ policy communication and forward guidance ⓘ price stability ⓘ |
| influenced |
New Keynesian DSGE modeling in central banks
ⓘ
central bank monetary policy frameworks ⓘ inflation targeting regimes ⓘ |
| influencedBy |
John Maynard Keynes
ⓘ
Milton Friedman ⓘ Robert Lucas Jr. ⓘ
surface form:
Robert E. Lucas Jr.
|
| knownFor |
New Keynesian economics
ⓘ
surface form:
New Keynesian monetary theory
analysis of inflation targeting ⓘ dynamic stochastic general equilibrium models ⓘ forward guidance in monetary policy ⓘ interest rate rules in monetary policy ⓘ microfoundations of monetary policy ⓘ work on the zero lower bound on nominal interest rates ⓘ |
| languageOfWorkOrName | English ⓘ |
| memberOf | American Economic Association ⓘ |
| notableIdea |
cashless limit in monetary economics
ⓘ
interest-rate-based monetary policy rules ⓘ monetary policy as management of expectations ⓘ |
| notableWork |
Interest and Prices
ⓘ
Interest and Prices: Foundations of a Theory of Monetary Policy ⓘ |
| occupation |
economist
ⓘ
university professor ⓘ |
| positionHeld | John Bates Clark Professor of Political Economy at Columbia University ⓘ |
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: Michael Woodford Description of subject: Michael Woodford is an influential American economist best known for his work on monetary theory and policy within the New Keynesian framework, particularly through his seminal book "Interest and Prices."
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.