New Keynesian Macroeconomics
Jin Cao () and
Gerhard Illing
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Gerhard Illing: LMU
Chapter 4 in Instructor's Manual for Money: Theory and Practice, 2019, pp 79-103 from Springer
Abstract:
Abstract This chapter provides exercises for the standard, small-scale New Keynesian macroeconomic models, focusing on the role of nominal/real rigidities, the sources of inefficiencies, and the implications for welfare-improving monetary policies. Solutions are provided for selected exercises.
Date: 2019
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Chapter: New Keynesian Macroeconomics (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-030-23618-2_4
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DOI: 10.1007/978-3-030-23618-2_4
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