New Keynesian economics is a school of macroeconomics that strives to provide microeconomic foundations for Keynesian economics. It developed partly as...

Post-Keynesian economics is a school of economic thought with its origins in The General Theory of John Maynard Keynes, with subsequent development influenced...

Keynesian economics (/ˈkeɪnziən/ KAYN-zee-ən; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic...

models similar to earlier, Keynesian ones. Classical economics is the term used for the first modern school of economics. The publication of Adam Smith's...

fostered respective schools of economic thought (Marxian economics and Keynesian economics) that have had significant influence in various academic circles...

then orthodox economic framework, namely neoclassical economics. The early stage of the Keynesian Revolution took place in the years following the publication...

financial crisis, there was a worldwide resurgence of interest in Keynesian economics among prominent economists and policy makers. This included discussions...

choice theory. Neoclassical economics is the dominant approach to microeconomics and, together with Keynesian economics, formed the neoclassical synthesis...

neoclassical synthesis (NCS), or neoclassical–Keynesian synthesis is an academic movement and paradigm in economics that worked towards reconciling the macroeconomic...

macroeconomic schools of thought – new classical macroeconomics/real business cycle theory and early New Keynesian economics – into a consensus view on the...

it was taught by Paul Samuelson in his textbook, Economics: An Introductory Analysis. The Keynesian cross plots aggregate income (labelled as Y on the...

effect on the economy, a proposition known as the Treasury view, but Keynesian economics rejected that view. They argued that by spending vastly more money—using...

ideas from each other. Specifically, new Keynesian economics was developed as a response to new classical economics, electing to incorporate the insight...

resource economics – Neoclassical economics – Neo-Keynesian economics – Neoliberalism – Net investment – Network effect – Neuroeconomics – New classical...

of Economics at Harvard University. Mankiw is best known in academia for his work on New Keynesian economics. Mankiw has written widely on economics and...

in New Keynesian Economics. eds. Mankiw, N. Gregory and Romer, David. MIT Press. Cambridge, Massachusetts: 1991. Mankiw, N. Gregory (2008). "New Keynesian...

existence of market failure and insights from Keynesian economics, most contemporaneously in the macroeconomic new neoclassical synthesis. It uses models of...

Versus Sticky Prices: A Proposal To Replace The New Keynesian Phillips Curve". Quarterly Journal of Economics. 117 (4): 1295–1328. doi:10.1162/003355302320935034...

Department of Economics. Retrieved 30 March 2018. Clarida, Richard; Gali, Jordi; Gertler, Mark (1999). "The Science of Monetary Policy: A New Keynesian Perspective"...

N. Gregory (Editor); Romer, David (Editor). (April 24, 1991) New Keynesian Economics, Vol. 2: Coordination Failures and Real Rigidities. Page 161. Publisher:...

In macroeconomics, the triangle model employed by new Keynesian economics is a model of inflation derived from the Phillips Curve and given its name by...

price-stickiness of the macroeconomy put by New Keynesian economists. The term originated from the cost when restaurants print new menus to change the prices of items...

business cycle theory Ricardian equivalence Saltwater theories New Keynesian economics Neoclassical synthesis Imperfect competition Market failures Price...

New Economics or New Economy may refer to: New classical macroeconomics New Keynesian economics New economic history, or cliometrics, the systematic application...

Representative vs. heterogeneous agents in economics Agent-based computational economics New Keynesian economics (2010s) Economic inequality M. Arellano...

In economics, implicit contracts refer to voluntary and self-enforcing long term agreements made between two parties regarding the future exchange of...

competition in new Keynesian economics, Chapter 4 of Surfing Economics by Huw Dixon Blanchard (2009). Goodfriend, Marvin; King, Robert G. (1997). "The New Neoclassical...

pejoratively to refer to politicians who apparently reject Keynesian economics, but use Keynesian arguments in support of excessive military spending. The...

In economics, hysteresis (from Greek ὑστέρησις hysterēsis, from ύστερέω hystereō, "(I) lag behind, come later than") consists of effects that persist...

Iacoviello embedded the Kiyotaki-Moore mechanism inside a standard New Keynesian general equilibrium macroeconomic model. For realism, Iacoviello assumed...