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New Keynesian models and their fit to the data

Richard Dennis

FRBSF Economic Letter, 2004, issue jul9

Abstract: In this Economic Letter, we discuss the basic properties of hybrid New Keynesian models and examine the extent to which they successfully explain U.S. macroeconomic data.

Keywords: Keynesian economics; Econometric models; Monetary policy (search for similar items in EconPapers)
Date: 2004
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