New-Keynesian economics : an AS-AD view /

A simple New-Keynesian model is set out with AS-AD graphical analysis. The model is consistent with modern central banking, which targets short-term nominal interest rates instead of money supply aggregates. This simple framework enables us to analyze the economic impact of productivity or mark-up d...

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Bibliographic Details
Main Author: Benigno, Pierpaolo
Corporate Author: National Bureau of Economic Research
Format: Book
Language:English
Published: Cambridge, Mass. : National Bureau of Economic Research, c2009
Series:Working paper series (National Bureau of Economic Research) ; working paper no. 14824
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Massachusetts Institute of Technology

Holdings details from Massachusetts Institute of Technology
Call Number: H11.N27534 no.14824