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A Rational Expectations Keynesian Model with Price Flexibility

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  • Drazen, Allan

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  • Drazen, Allan, 1985. "A Rational Expectations Keynesian Model with Price Flexibility," Foerder Institute for Economic Research Working Papers 275386, Tel-Aviv University > Foerder Institute for Economic Research.
  • Handle: RePEc:ags:isfiwp:275386
    DOI: 10.22004/ag.econ.275386
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    File URL: https://ageconsearch.umn.edu/record/275386/files/TEL-AVIV-FSWP-066.pdf
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    References listed on IDEAS

    as
    1. Diamond, Peter A, 1982. "Aggregate Demand Management in Search Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 90(5), pages 881-894, October.
    2. Frank Hahn, 1978. "On Non-Walrasian Equilibria," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(1), pages 1-17.
    3. Drazen, Allan, 1980. "Recent Developments in Macroeconomic Disequilibrium Theory," Econometrica, Econometric Society, vol. 48(2), pages 283-306, March.
    4. Oliver Hart, 1982. "A Model of Imperfect Competition with Keynesian Features," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 97(1), pages 109-138.
    5. Taylor, John B, 1977. "Conditions for Unique Solutions in Stochastic Macroeconomic Models with Rational Expectations," Econometrica, Econometric Society, vol. 45(6), pages 1377-1385, September.
    6. Blanchard, Olivier J, 1979. "Backward and Forward Solutions for Economies with Rational Expectations," American Economic Review, American Economic Association, vol. 69(2), pages 114-118, May.
    7. Jean-Pascal Benassy, 1976. "The Disequilibrium Approach to Monopolistic Price Setting and General Monopolistic Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(1), pages 69-81.
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    Cited by:

    1. Russell Cooper, 1986. "Optimal Labor Contracts, Imperfect Competition and Underemployment Equilibria: A Framework for Analysis," NBER Working Papers 2060, National Bureau of Economic Research, Inc.
    2. Seongwan Oh & Michael Waldman, 1989. "The New Perspective on Keynesian Coordination Failure: Theory and Evidence," UCLA Economics Working Papers 559, UCLA Department of Economics.

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