The new Keynesian economics
著者
書誌事項
The new Keynesian economics
Blackwell, c1994
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
This text offers a comprehensive presentation of the new Keynesian research programme. It covers such topics as fixprice models, real and nominal price rigidities, and coordination failures - the study of which is organized around a few basic principles, which allows a systematic view of a very large and varied literature. The important recent work which derives Keynesian results by looking at imperfections in the labour, credit and commodity markets, is analyzed. The Keynesian literature developed in the 80s on macroeconomic externalities and hysteresis is also considered. "The New Keynesian Economics" is designed as a textbook or teaching complement for graduate (or advanced undergraduate) macroeconomics taught although some parts (such as Part I, on real rigidities) may be of interest to students specializing in microeconomics. Professional economists should find it helpful both as a reference book and as a reader's guide to make their own way through the literature.
目次
Preface 1. From Keynesian to New Keynesian economics. 2. Keynesian microfoundations in historical perspectives. Part I Real Rigidities 3. The labour market and real wage rigiditry. 4. Credit rationing and imperfect capital markets. 5. Real rigidities in the goods market. Part II Nominal Rigidities Introduction 6. Rational models of irrational behaviour. 7. Price setting with adjustment cost. 8. Real and nominal price rigidity: further issues. Part III Coordination Failures and Hysteresis 9. Coordination failures 10. Hysteresis Conclusions.
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