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Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework

Jordi Galí




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 | #1093855 in Books |  Princeton University Press |  2008-03-02 | Original language:English | PDF # 1 |  .82 x6.31 x9.43l,1.04 | File type: PDF | 224 pages

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||4 of 5 people found the following review helpful.| Too bare bones|By Jyotirmoy Bhattacharya|This book is extremely sparse. The basic new-Keynesian model as well as a few extensions are covered in just 224 small pages. Galí achieves this by giving very little space to either economic motivation and context or mathematical foundations. Rather, the models are presented more or less as streams of calculations. A reader who| |"With this book, magician Galí has pulled another important rabbit out of his hat. The book will help to increase the popularity of the New Keynesian model with graduate students, tomorrow's policymakers, and today's policymakers alike. Therefore, it ca


The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. It is the backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, and provides the theoretical underpinnings of the inflation stability-oriented strategies adopted by most central banks throughout the industrialized world....

You can specify the type of files you want, for your device.Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework   |  Jordi Galí. I really enjoyed this book and have already told so many people about it!

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