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gptkbp:instanceOf
|
school of economic thought
|
|
gptkbp:contrastsWith
|
gptkb:New_Classical_Economics
|
|
gptkbp:developedBy
|
1980s
|
|
gptkbp:emphasizes
|
imperfect competition
price stickiness
|
|
gptkbp:focusesOn
|
microeconomic foundations of macroeconomics
|
|
gptkbp:hasConcept
|
sticky wages
menu costs
sticky prices
efficiency wages
nominal rigidities
dynamic stochastic general equilibrium models
monetary policy effectiveness
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
New Keynesian Economics
|
|
gptkbp:influencedBy
|
gptkb:Monetarism
gptkb:Keynesian_Economics
|
|
gptkbp:notableFigure
|
gptkb:Jordi_Galí
gptkb:Olivier_Blanchard
gptkb:Stanley_Fischer
gptkb:David_Romer
gptkb:Gregory_Mankiw
|
|
gptkbp:publishedIn
|
gptkb:Journal_of_Economic_Perspectives
gptkb:American_Economic_Review
gptkb:Quarterly_Journal_of_Economics
|
|
gptkbp:relatedTo
|
gptkb:Real_business_cycle_theory
gptkb:DSGE_models
gptkb:IS-LM_model
gptkb:Phillips_curve
gptkb:Rational_expectations
|
|
gptkbp:supports
|
active stabilization policy
central bank intervention
|
|
gptkbp:bfsParent
|
gptkb:New_Monetarist_Economics
gptkb:Neoclassical_economics
|
|
gptkbp:bfsLayer
|
7
|