New Keynesian Economics - Vol. 1: Imperfect Competition and Sticky Prices, vol 1

Edited by N. Gregory Mankiw and David Romer

in MIT Press Books from The MIT Press

Abstract: These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows how the Keynesian approach to economic fluctuations can be supported by rigorous microeconomic models of economic behavior. The essays are grouped in seven parts that cover costly price adjustment, staggering of wages and prices, imperfect competition, coordination failures, and the markets for labor, credit, and goods. An overall introduction, brief introductions to each of the parts, and a bibliography of additional papers in the field round out this valuable collection.

Keywords: new Keynesian economics; microeconomic models (search for similar items in EconPapers)
JEL-codes: D0 E12 (search for similar items in EconPapers)
Date: 1991
Edition: 1
ISBN: 0-262-63133-4
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Citations: View citations in EconPapers (74)

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