Romer 1993 new keynesian synthesis essay

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Published in volume 7, issue 1, pages 522 of Journal of Economic Perspectives, Winter 1993, Abstract: The new Keynesians made more rapid progress in understanding the microeconomics of unemployment than in understanding the microeconomics of nominal price Resources" The New Keynesian Synthesis" by David Romer, 1993, JEP [" Getting rid of Keynes?

A reflection on the recent history of The new Keynesians made more rapid progress in understanding the microeconomics of unemployment than in understanding the microeconomics of nominal price rigidity. But the past five years have seen important breakthroughs in this second area. David Romer, 1993.

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Journal of Economic PersPecIives Volume 7, Number I Winter 1993 Pages 522 The New Keynesian Synthesis David Romer wo beliefS about the economy prompted the departure of Keynesian



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