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Introduction, Part 2

In: Optimal Monetary Policy under Uncertainty, Second Edition

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Abstract

Chapter 7 marks the beginning of the discussion of the New Keynesian framework which many economists view as the workhorse model of modern macroeconomics. This chapter highlights briefly the differences between the New Keynesian framework and its predecessor, the aggregate supply-aggregate demand framework, and lays the ground work for evaluating the performance of alternative policy strategies.

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  • ., 2019. "Introduction, Part 2," Chapters, in: Optimal Monetary Policy under Uncertainty, Second Edition, chapter 7, pages 129-139, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:16504_7
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    File URL: https://www.elgaronline.com/view/9781784717186/chapter07.xhtml
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    1. Lydiksen, Nis & Greve, Jane & Jakobsen, Marie & Kristensen, Søren Rud, 2021. "Using national clinical guidelines to reduce practice variation – the case of Denmark," Health Policy, Elsevier, vol. 125(6), pages 793-798.

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    Economics and Finance;

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