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Meaning of dynamic stochastic general equilibrium | Babel Free

Noun CEFR C2

Definitions

The proposal that macroeconomic analysis be concerned with the theoretical consequences of optimizing behaviour by rational consumers, firms, and labourers, rather than with observable phenomena such as booms or slumps.

uncountable

Equivalents

Español equilibrio general dinámico estocástico

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
See all C2 English words →

See also

dynamic system dynamic typing dynamic verb dynamic-link library Dynamical dynamical horizon

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