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Monetary policy, inflation, and the business cycle : an introduction to the new Keynesian framework

Author: Jordi Galí
Publisher: Princeton, NJ : Princeton Univ. Press, 2008.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. This graduate-level textbook provides an introduction to the New Keynesian framework and its applications to monetary policy.
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Document Type: Book
All Authors / Contributors: Jordi Galí
ISBN: 9780691133164 0691133166
OCLC Number: 263715770
Notes: Literaturangaben.
Description: XI, 203 Seiten : Diagramme
Contents: Introduction --
A classical monetary model --
The basic new Keynesian model --
Monetary policy design in the basic new Keynesian model --
Monetary policy tradeoffs: discretion vs. commitment --
A model with sticky wages and prices --
Monetary policy and the open economy --
Main lessons and some extensions.
Responsibility: Jordi Galí

Abstract:

The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. This graduate-level textbook  Read more...

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"With this book, magician Gali has pulled another important rabbit out of his hat. The book will help to increase the popularity of the New Keynesian model with graduate students, tomorrow's Read more...

 
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