|
gptkbp:instanceOf
|
school of economic thought
|
|
gptkbp:contrastsWith
|
gptkb:new_classical_economics
real business cycle theory
|
|
gptkbp:countryOfOrigin
|
gptkb:United_States
|
|
gptkbp:emergedIn
|
1980s
|
|
gptkbp:emphasizes
|
imperfect competition
nominal rigidities
price stickiness
|
|
gptkbp:field
|
macroeconomics
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
new Keynesian economics
|
|
gptkbp:influencedBy
|
gptkb:Keynesian_economics
|
|
gptkbp:keyFigure
|
gptkb:Olivier_Blanchard
gptkb:John_B._Taylor
gptkb:Stanley_Fischer
gptkb:David_Romer
gptkb:Gregory_Mankiw
|
|
gptkbp:modelFeature
|
rational expectations
sticky wages
sticky prices
microfoundations
|
|
gptkbp:relatedTo
|
gptkb:Taylor_rule
gptkb:IS-LM_model
gptkb:Phillips_curve
menu costs
efficiency wages
dynamic stochastic general equilibrium models
monetary policy rules
|
|
gptkbp:supports
|
active fiscal policy
active monetary policy
|
|
gptkbp:bfsParent
|
gptkb:neo-Keynesian_economics
gptkb:new_neoclassical_synthesis
gptkb:Macroeconomics
gptkb:post-Keynesian_economics
|
|
gptkbp:bfsLayer
|
6
|