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Hardcover Unemployment Fluctuations and Stabilization Policies: A New Keynesian Perspective Book

ISBN: 0262015978

ISBN13: 9780262015974

Unemployment Fluctuations and Stabilization Policies: A New Keynesian Perspective

A new approach for introducing unemployment into the New Keynesian framework.

The past fifteen years have witnessed the rise of the New Keynesian model as a framework of reference for the analysis of fluctuations and stabilization policies. That framework, which combines the rigor and internal consistency of dynamic general equilibrium models with such typically Keynesian assumptions as monopolistic competition and nominal rigidities,...

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Format: Hardcover

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