The Reincarnation of Keynesian Economics

N. Gregory Mankiw

No 3885, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper discusses the reemergence of Keynesian economics during the past decade. It highlights the substantial differences between new Keynesian economics and the convictions of early Keynesians. In particular, it points out that new Keynesians have adopted many views that were once considered "monetarist" or "classical." It concludes that the term "Keynesian" may have outlived its usefulness.

Date: 1991-10
Note: ME EFG
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Citations: View citations in EconPapers (24)

Published as European Economic Review, Vol. 36, pp. 559-565, (1992).

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Journal Article: The reincarnation of Keynesian economics (1992)
Working Paper: The Reincarnation of Keynesian Economoics (1991)
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