Monetary Policy, Inflation, and the Business Cyc - An Introduction to the New Keynesian Framework
An Introduction to the New Keynesian Framework
(Sprache: Englisch)
The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. This graduate-level textbook provides an introduction to the New Keynesian framework and its applications to monetary policy.
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Klappentext zu „Monetary Policy, Inflation, and the Business Cyc - An Introduction to the New Keynesian Framework “
The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. This graduate-level textbook provides an introduction to the New Keynesian framework and its applications to monetary policy.
Inhaltsverzeichnis zu „Monetary Policy, Inflation, and the Business Cyc - An Introduction to the New Keynesian Framework “
Preface ixCHAPTER 1: Introduction 1
CHAPTER 2: A Classical Monetary Model 15
CHAPTER 3: The Basic New Keynesian Model 41
CHAPTER 4: Monetary Policy Design in the Basic New Keynesian Model 71
CHAPTER 5: Monetary Policy Tradeoffs: Discretion versus Commitment 95
CHAPTER 6: A Model with StickyWages and Prices 119
CHAPTER 7: Monetary Policy and the Open Economy 149
CHAPTER 8: Main Lessons and Some Extensions 185
Index 195
Autoren-Porträt von Jordi Galí
Jordi Gali is director and senior researcher at the Center for Research in International Economics (CREI) and professor of economics at Universitat Pompeu Fabra in Barcelona.
Bibliographische Angaben
- Autor: Jordi Galí
- 2008, 224 Seiten, Maße: 16,7 x 24 cm, Gebunden, Englisch
- Verlag: Princeton University Press
- ISBN-10: 0691133166
- ISBN-13: 9780691133164
Sprache:
Englisch
Rezension zu „Monetary Policy, Inflation, and the Business Cyc - An Introduction to the New Keynesian Framework “
"A state-of-the-art treatment of the emerging New Keynesian synthesis by one of the leaders in the field, Galí's book is a must-read for the next generation of macroeconomists."--N. Gregory Mankiw, Harvard University
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