The perils of first-order conditions of New Keynesian models
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More about this item
Keywords
New Keynesian; sticky price; monopolistic competition; consistency; first-order conditions;All these keywords.
JEL classification:
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2016-05-08 (Macroeconomics)
- NEP-PKE-2016-05-08 (Post Keynesian Economics)
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