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  • Your search results: "New Keynesian"
Showing 1 - 20 results of 3,731 for search '"New Keynesian"', query time: 2.93s Narrow search
  • 1
    Cover Image Journal Article
    The Science of Monetary Policy: A New Keynesian Perspective
    by Richard Clarida   Jordi Galí   Mark Gertler Published in Journal of economic literature (01.12.1999)
    “...The paper reviews the recent literature on monetary policy rules. We exposit the monetary policy design problem within a simple baseline theoretical framework...”
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  • 2
    Cover Image Journal Article
    Understanding the Gains from Wage Flexibility: The Exchange Rate Connection
    by Jordi Galí   Tommaso Monacelli Published in The American economic review (01.12.2016)
    “...We study the gains from increased wage flexibility using a small open economy model with staggered price and wage setting. Two results stand out: (i) the...”
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  • 3
    Cover Image Journal Article
    Evolution of New Keynesian Economics
    by Hiç, Özlen Published in Procedia computer science (2019)
    “...In this article, the developments in the New Keynesian Economics which sprang up in USA during the ‘80s will be discussed and then the properties of the...”
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  • 4
    Cover Image Journal Article
    New Keynesian versus old Keynesian government spending multipliers
    by Cogan, John F   Cwik, Tobias   Taylor, John B   Wieland, Volker Published in Journal of economic dynamics & control (2010)
    “...Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modelling uncertainty, it is essential that...”
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  • 5
    Cover Image Journal Article
    Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates
    by Klaus Adam   Roberto M. Billi Published in Journal of money, credit and banking (01.10.2006)
    “...We determine optimal monetary policy under commitment in a forward-looking New Keynesian model when nominal interest rates are bounded below by zero. The lower...”
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  • 6
    Cover Image Journal Article
    Optimal Monetary Policy with Countercyclical Credit Spreads
    by AIRAUDO, MARCO   OLIVERO, MARÍA PÍA Published in Journal of money, credit and banking (01.06.2019)
    “...We study optimal monetary policy in a New‐Keynesian Dynamic Stochastic General Equilibrium (DSGE) model with a credit channel and relationship lending in...”
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  • 7
    Cover Image Journal Article
    Monetary policy rules in a non-rational world: A macroeconomic experiment
    by Mauersberger, Felix Published in Journal of economic theory (01.01.2021)
    “...This paper introduces a learning-to-forecast laboratory experiment based on a New-Keynesian macroeconomy that is particularly close to the model's...”
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  • 8
    Cover Image Journal Article
    Markups and the Welfare Cost of Business Cycles: A Reappraisal
    by JEAN-OLIVIER HAIRAULT   FRANÇOIS LANGOT Published in Journal of money, credit and banking (01.08.2012)
    “...Gali, Gertler, and Lopez-Salido (2007) recently show quantitatively that fluctuations in the efficiency of resource allocation do not generate sizable welfare...”
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  • 9
    Cover Image Journal Article
    Nonlinear adventures at the zero lower bound
    by Fernández-Villaverde, Jesús   Gordon, Grey   Guerrón-Quintana, Pablo   Rubio-Ramírez, Juan F Published in Journal of economic dynamics & control (01.08.2015)
    “...In this paper, we argue for the importance of explicitly considering nonlinearities in analyzing the behavior of the New Keynesian model with a zero lower...”
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  • 10
    Cover Image Journal Article
    Some unpleasant properties of loglinearized solutions when the nominal rate is zero
    by Boneva, Lena Mareen   Braun, R. Anton   Waki, Yuichiro Published in Journal of monetary economics (01.12.2016)
    “...Does fiscal policy have large and qualitatively different effects on the economy when the nominal interest rate is zero? An emerging consensus in the New...”
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  • 11
    Cover Image Journal Article
    Temptation and forward-guidance
    by Airaudo, Marco Published in Journal of economic theory (01.03.2020)
    “...Motivated by the extensive experimental and empirical evidence on preference reversal in consumption choices, we introduce temptation with self-control...”
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  • 12
    Cover Image Journal Article
    Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy
    by Leeper, Eric M   Leith, Campbell   Liu, Ding Published in Journal of monetary economics (01.01.2021)
    “...•The inflation bias problem is greater in the presence of short-term government debt.•Time-consistent policy deviates from tax smoothing to reduce the...”
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  • 13
    Cover Image Journal Article
    The State of New Keynesian Economics: A Partial Assessment
    by Jordi Galí Published in The Journal of economic perspectives (01.07.2018)
    “...In August 2007, when the first signs emerged of what would come to be the most damaging global financial crisis since the Great Depression, the New Keynesian...”
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  • 14
    Cover Image Journal Article
    Global effective lower bound and unconventional monetary policy
    by Wu, Jing Cynthia   Zhang, Ji Published in Journal of international economics (01.05.2019)
    “...In a standard open-economy New Keynesian model, the effective lower bound causes anomalies: output and terms of trade respond to a supply shock in the opposite...”
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  • 15
    Cover Image Journal Article
    On the mechanics of New-Keynesian models
    by Rupert, Peter   Šustek, Roman Published in Journal of monetary economics (01.04.2019)
    “...•The monetary transmission mechanism in New-Keynesian models is put to scrutiny.•Contrary to the conventional view, the transmission mechanism does not operate...”
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  • 16
    Cover Image Journal Article
    Capital-market consequences of asymmetric output-price rigidities
    by Xie, Jin Published in Journal of monetary economics (01.10.2020)
    “...•I study the capital-market consequences of asymmetric output-price rigidities.•Firms’ operating income becomes less persistent when their input costs...”
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  • 17
    Cover Image Journal Article
    Environmental policy and macroeconomic dynamics in a new Keynesian model
    by Annicchiarico, Barbara   Di Dio, Fabio Published in Journal of environmental economics and management (01.01.2015)
    “...This paper studies the dynamic behavior of an economy under different environmental policy regimes in a New Keynesian model with nominal and real uncertainty...”
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  • 18
    Cover Image Journal Article
    Forecast heuristics, consumer expectations, and New-Keynesian macroeconomics: A Horse race
    by Jang, Tae-Seok   Sacht, Stephen Published in Journal of economic behavior & organization (01.02.2021)
    “...•Consumers’ expectations do not necessarily reflect a rational forecasting strategy.•There is a strong correlation between consumer confidence and household...”
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  • 19
    Cover Image Journal Article
    Financial globalisation, monetary policy spillovers and macro-modelling: Tales from 1001 shocks
    by Georgiadis, Georgios   Jančoková, Martina Published in Journal of economic dynamics & control (01.12.2020)
    “...We hypothesise that New Keynesian DSGE models that do not feature powerful financial spillover channels confound the effects of domestic and foreign...”
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  • 20
    Cover Image Journal Article
    Inflation and output in New Keynesian models with a transient interest rate peg
    by Carlstrom, Charles T   Fuerst, Timothy S   Paustian, Matthias Published in Journal of monetary economics (01.11.2015)
    “...A familiar result in the canonical Dynamic New Keynesian (DNK) model is that policymakers constrained by the zero bound can improve outcomes by promising to...”
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