New Keynesian Economics: Imperfect Competition and Sticky Prices (M I T PRESS READINGS IN ECONOMICS) - Hardcover
These two volumes bring together a set of important essays that represent a "new Keynesian" perspective in economics today. This recent work shows how the Keynesian approach to economic fluctuations can be supported by rigorous microeconomic models of economic behavior. The essays are grouped in seven parts that cover costly price adjustment, staggering of wages and prices, imperfect competition, coordination failures, and the markets for labor, credit, and goods. An overall introduction, brief introductions to each of the parts, and a bibliography of additional papers in the field round out this valuable collection.Volume 1 focuses on how friction in price setting at the microeconomic level leads to nominal rigidity at the macroeconomic level, and on the macroeconomic consequences of imperfect competition, including aggregate demand externalities and multipliers. Volume 2 addresses recent research on non-Walrasian features of the labor, credit, and goods markets.ContributorsGeorge A Akerlof, Costas Azariadis, Laurence Ball, Ben S. Bernanke, Mark Bits, Olivier J. Blanchard, Alan S. Blinder, John Bryant, Andrew S. Caplin, Dennis W. Carlton, Stephen G. Cecchetti, Russell Cooper, Peter A. Diamond, Gary Fethke, Stanley Fischer, Robert E. Hall, Oliver Hart, Andrew John, Nobuhiro Kiyotaki, Alan B. Krueger, David M. Lilien, Ian M. McDonald, N. David Mankiw, Arthur M. Okun, Andres Policano, David Romer, Julio J. Rotemberg, Garth Saloner, Carl Shapiro, Andrei Shleifer, Robert M. Solow, Daniel F. Spulber, Joseph E. Stiglitz, Lawrence H. Summers, John Taylor, Andrew Weiss, Michael Woodford, Janet L. Yellen
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About the Author:
N. Gregory Mankiw is Professor of Economics at Harvard University.
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- PublisherMit Pr
- Publication date1991
- ISBN 10 0262132664
- ISBN 13 9780262132664
- BindingHardcover
- EditorRomer David
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New Keynesian Economics: Imperfect Competition and Sticky Prices (Volume 1) (Readings in Economics)
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ISBN 13: 9780262132664
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New Keynesian Economics: Imperfect Competition and Sticky Prices (Volume 1) (Readings in Economics)
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ISBN 13: 9780262132664
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New Keynesian Economics: Imperfect Competition and Sticky Prices (Volume 1)
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Book Description Condition: Poor. Volume 1. This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. Clean from markings. In poor condition, suitable as a reading copy. Large red stain on edge. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,850grams, ISBN:0262132664. Seller Inventory # 9817149
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New Keynesian Economics: Imperfect Competition and Sticky Prices
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New Keynesian Economics: Imperfect Competition and Sticky Prices (Volume 1) (Readings in Economics)
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The MIT Press
(1991)
ISBN 10: 0262132664
ISBN 13: 9780262132664
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