New Keynesian economics answers the market-clearing critique

Citations (2)

• The Reincarnation of Keynesian Economics whole source

  NBER source for the reemergence and changed content of New Keynesian economics.

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• New Keynesian Economics, Volume 2: Coordination Failures and Real Rigidities whole source

  MIT Press source for New Keynesian microfoundations and rigidities.

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People

• David Romer economist
• N. Gregory Mankiw economist

Appears in 1 story

• Keynesian economics: demand, depression, and the fight over full employment step 25

Linked events (1)

• Stagflation breaks the old Keynesian consensus enabled this
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