EconPapers    
Economics at your fingertips  
 

A New Keynesian Workbook

Pavel Kapinos

International Review of Economic Education, 2010, vol. 9, issue 1, 111-123

Abstract: A large literature has recently developed to place the New Keynesian framework for analyzing business cycle fluctuations and the conduct of monetary policy into undergraduate economics curricula. New Keynesian models offer several attractive modeling aspects: straightforward linear specifications of structural relations, intuitive and clear dynamic properties, derivation from microfoundations. This paper provides a description of an Excel-based application that presents several versions of the New Keynesian model: static, with adaptive expectations, and with rational expectations. The latter two versions also provide dynamic descriptions of variables' evolution in terms of impulse response functions.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.economicsnetwork.ac.uk/iree/v9n1/kapinos.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:che:ireepp:v:9:y:2010:i:1:p:111-123

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in International Review of Economic Education from Economics Network, University of Bristol University of Bristol, BS8 1HH, United Kingdom. Contact information at EDIRC.
Bibliographic data for series maintained by Martin Poulter ().

 
Page updated 2025-03-19
Handle: RePEc:che:ireepp:v:9:y:2010:i:1:p:111-123