Search Results - subject:"New Keynesian"

Long-term unemployment, hysteresis and missing deflation : reconsidering the New-Keynesian approach by means of an 'old' Phillips curve

Romaniello, Davide - 2022

Persistent link: https://www.econbiz.de/10013328609

The limits of internal devaluation : Switzerland during the Great Depression

Rosenkranz, Peter; Straumann, Tobias; Woitek, Ulrich - In: Swiss journal of economics and statistics 158 (2022) 1, pp. 1-17

analyze the policies of the Swiss authorities by estimating a New Keynesian small open economy model. Our results show that …

Persistent link: https://www.econbiz.de/10013542075

25 years of excess unemployment in advanced economies : lessons for monetary policy

Gagnon, Joseph E.; Sarsenbayev, Madi - 2022

Persistent link: https://www.econbiz.de/10013455902

Analysing monetary policy shocks by sign and parametric restrictions : the evidence from Russia

Yıldız, Bünyamin Fuat; Gökmenoglu, Korhan K.; Wong, … - In: Economies : open access journal 10 (2022) 10, pp. 1-16

literature and to fill the gap in the literature, this study applies the new Keynesian model by imposing the sign and parametric …. The results draw a further step towards validating the new Keynesian theory in the Russian case by revealing the short … successfully solve the price puzzle problem, justify the new Keynesian theory that holds that monetary policy shocks only have a …

Persistent link: https://www.econbiz.de/10013499129