Fontana, Giuseppe; Gnos, Claude; Truger, Achim - In: Intervention. Zeitschrift fuer Ökonomie / Journal of … 03 (2006) 2, pp. 243-244
First paragraph: The »New Monetary Policy« (NMP) is the major stabilisation policy associated with the so-called »New Consensus« (NC) view in macroeconomics. NC is the dominant view in modern mainstream economics. Its major tenets are (1) the supply-side determined equilibrium level of...
