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This chapter aims to provide a hands-on approach to New Keynesian models and their uses for macroeconomic policy analysis. It starts by reviewing the origins of the New Keynesian approach, the key model ingredients and representative models. Building blocks of current-generation dynamic...
Persistent link: https://www.econbiz.de/10010391304
This chapter aims to provide a hands-on approach to New Keynesian models and their uses for macroeconomic policy analysis. It starts by reviewing the origins of the New Keynesian approach, the key model ingredients and representative models. Building blocks of current-generation dynamic...
Persistent link: https://www.econbiz.de/10014025269
a roughly equivalent number elsewhere in the economy. At a product-specific or micro level and in the short term …, controlling trade could reduce the offending imports and save jobs, but for the economy as a whole and in the long term, this …
Persistent link: https://www.econbiz.de/10011420101
a roughly equivalent number elsewhere in the economy. At a product-specific or micro level and in the short term …, controlling trade could reduce the offending imports and save jobs, but for the economy as a whole and in the long term, this …
Persistent link: https://www.econbiz.de/10012169861
imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much larger impacts …
Persistent link: https://www.econbiz.de/10009781577
Persistent link: https://www.econbiz.de/10001474972
1995 data for Vietnam also suggest quantitatively much larger impacts from trade liberalization than is the case for …
Persistent link: https://www.econbiz.de/10001490723
Persistent link: https://www.econbiz.de/10003808208
effects on imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much …
Persistent link: https://www.econbiz.de/10012471065
imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much larger impacts …
Persistent link: https://www.econbiz.de/10013321193