Advanced Search
MyIDEAS: Login

New Keynesian Economics in Perspective

Contents:

Author Info

  • David Colander

    (Middlebury College)

Abstract

This paper argues that in order for the term New Keynesian to be useful, its definition must be limited to work involving aggregate coordination failures within a general equilibrium context. After distinguishing three broad debates in macroeconomics--the Keynesian/Classical debate, the Neo-Keynsian/Neo-Classical debate, and the New Keynesian/New Classical debate--the paper discusses the implications of New Keynesian work, arguing that this work will lead to a fundamentally different specification of the macroeconomic debate and that the New Keynesian model can be captured in a textbook model by adding coordination to the aggregate production function.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://college.holycross.edu/RePEc/eej/Archive/Volume18/V18N4P438_448.pdf
Download Restriction: no

Bibliographic Info

Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

Volume (Year): 18 (1992)
Issue (Month): 4 (Fall)
Pages: 438-448

as in new window
Handle: RePEc:eej:eeconj:v:18:y:1992:i:4:p:438-448

Contact details of provider:
Postal: c/o Dr. Alexandre Olbrecht, The Anisfield School of Business 205, Ramapo College, 505 Ramapo Valley Road, Ramapo, New Jersey 07430, USA
Phone: (201) 684-7346
Email:
Web page: http://www.ramapo.edu/eea/journal.html
More information through EDIRC

Related research

Keywords: Macroeconomics; New Keynesian;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Paul Davidson, 1992. "Would Keynes Be a New Keynesian?," Eastern Economic Journal, Eastern Economic Association, vol. 18(4), pages 449-463, Fall.
  2. Chirwa, Themba G., 2009. "The role of real and nominal variables in defining business cycles: dynamic properties of a hybrid model - an alternative view," MPRA Paper 18949, University Library of Munich, Germany.
  3. Gramh Brownlow, 2010. "Fabricating Economic Development," The Economic and Social Review, Economic and Social Studies, vol. 41(3), pages 301-324.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:eej:eeconj:v:18:y:1992:i:4:p:438-448. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson, College of the Holy Cross).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.