Examples of using New classical in English and their translations into Russian
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Monetarism, new classical theory, and supply-side economics.
Without the ergodic assumption, agents are unable to form rational expectations,undermining new classical theory.
New classical made its first attempt to model aggregate supply in Lucas and Leonard Rapping 1969.
Lucas and Leonard Rapping laid out the first new classical approach to aggregate supply in 1969.
Like monetarism, new classical economics was rooted at the University of Chicago, principally with Robert Lucas.
New classical economics" evolved from monetarism and presented other challenges to Keynesianism.
Barro is considered one of the founders of new classical macroeconomics, along with Robert Lucas, Jr. and Thomas J. Sargent.
While Lucas, Prescott, and Kydland are calibration advocates,another prominent new classical, Sargent, favors estimation.
In 2010, he founded a new Classical Ballet Group"Divertissement" under the Theatre of Dance Gzhel.
As of the first decade of the 21st century,contemporary neoclassical architecture is usually classed under the umbrella term of New Classical Architecture.
The new neoclassical synthesis combined elements of both new classical and new Keynesian macroeconomics into a consensus.
The wide spread of the new Classical style, which was quickly adopted in Russia during the 1760s, resulted in a redesign of the Palace's interiors.
Calibration is generally associated with real business cycle modelers of the new classical school, but methodological differences cut across ideology.
Robert Lucas and other new classical macroeconomists criticized Keynesian models that did not work under rational expectations.
Soon after the work of Barro and Grossman, disequilibrium models fell out of favor in the United States andBarro abandoned Keynesianism and adopted new classical, market-clearing hypotheses.
New classical economists also claimed that an economic model would be internally inconsistent if it assumed that the agents it models behave as if they were unaware of the model.
Programs at the University of Miami, Andrews University, Judson University andThe Prince's Foundation for Building Community have trained a number of new classical architects since this resurgence.
That led to the development of new classical macroeconomics and the drive towards microeconomic foundations for macroeconomic theory.
Kaldor, the rise and the fall of the Phillips curve, as well as the criticism of the Keynesian doctrine given by the monetarists,adherents of supply-side economics, new classical economics, the theory of rational expectations and the public choice.
The recent movements of New Urbanism and New Classical Architecture promote a sustainable approach towards construction, that appreciates and develops smart growth, architectural tradition and classical design.
A large, new classical building, the Old Museum, was built at the north-western end of the Lustgarten by the leading architect, Karl Friedrich Schinkel, and between 1826 and 1829 the Lustgarten was redesigned by Peter Joseph Lenné.
Real business-cycle theory(RBC theory) is a class of new classical macroeconomics models in which business-cycle fluctuations to a large extent can be accounted for by real(in contrast to nominal) shocks.
From the new classical school, it adapted RBC hypotheses, including rational expectations, and methods; from the new Keynesian school, it took nominal rigidities(price stickiness) and other market imperfections.
A new manual of classical Roman architecture by the Italian Serlio also had a major effect on the new look of French buildings.
Where the framework agreement no longer offers good commercial termsto the procuring entity, a new procurement procedure(classical or a new framework agreement procedure) will be required.
Where the framework agreement no longer offers good commercial termsto the procuring entity, the procurement regulations should require holding a new procurement procedure classical or a new framework agreement procedure.
Evident-Line: The new benchmark in classical physical therapy.
His name is connected to the development of a new stage of classical Armenian studies.
He gives concerts around the world and adapts old and modern Armenian lyrical works,making them sound new with classical singing.