What is New Keynesian Economics
For the purpose of providing Keynesian economics with microeconomic underpinnings, the New Keynesian economics school of macroeconomics is an attempt to give those foundations. New classical macroeconomics advocates were the ones who initially voiced their opposition to Keynesian macroeconomics, which led to the development of this theory.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: New Keynesian economics
Chapter 2: Macroeconomics
Chapter 3: Stagflation
Chapter 4: Phillips curve
Chapter 5: Nominal rigidity
Chapter 6: Ricardo Reis
Chapter 7: John B. Taylor
Chapter 8: Policy-ineffectiveness proposition
Chapter 9: Menu cost
Chapter 10: Dynamic stochastic general equilibrium
Chapter 11: Neoclassical synthesis
Chapter 12: New classical macroeconomics
Chapter 13: AD-AS model
Chapter 14: David Romer
Chapter 15: History of macroeconomic thought
Chapter 16: Real rigidity
Chapter 17: New neoclassical synthesis
Chapter 18: Divine coincidence
Chapter 19: Taylor contract (economics)
Chapter 20: Calvo (staggered) contracts
Chapter 21: Jón Steinsson
(II) Answering the public top questions about new keynesian economics.
(III) Real world examples for the usage of new keynesian economics in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of New Keynesian Economics.