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Monetary policy, inflation, and the business cycle : an introduction to the new Keynesian framework

Galí, Jordi - 2008

Persistent link: https://www.econbiz.de/10003563845

Champ, Bruce Alan; Freeman, Scott; Haslag, Joseph H. - 2011 - 3. ed.

The approach of this text is to teach monetary economics using the classical paradigm of rational agents in a market setting. Too often monetary economics has been taught as a collection of facts about existing institutions for students to memorize. By teaching from first principles instead, the...

Persistent link: https://www.econbiz.de/10009244504

Monetary policy, inflation, and the business cycle : an introduction to the new Keynesian framework and its applications

Galí, Jordi - 2015 - Second edition

This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate … for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. A backbone of … inflation-targeting policies. New material includes labor and financial market frictions, the zero lower bound on nominal …