An analytical and expositional introduction to Keynesian economics The New Keynesian Macroeconomics offers a rigorous, comprehensive introduction to the field. Broad in scope yet deep in detail, this book draws from the large and varied literature to present the most fundamental principles including fixed price models, real and nominal price rigidities, coordination failures, and much more. Insightful analysis covers imperfections in the labor, credit, and commodity markets, as well as the work surrounding macroeconomic ...

The New Keynesian Macroeconomics 2002, Blackwell Publishers, Oxford, England

ISBN-13: 9780631184850