The Reincarnation of Keynesian Economics
AbstractThis paper discusses the reemergence of Keynesian economics during the past decade. It highlights the substantial differences between new Keynesian economics and the convictions of early Keynesians. In particular, it points out that new Keynesians have adopted many views that were once considered "monetarist" or "classical." It concludes that the term "Keynesian" may have outlived its usefulness.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 3885.
Date of creation: Oct 1991
Date of revision:
Publication status: published as European Economic Review, Vol. 36, pp. 559-565, (1992).
Note: ME EFG
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- Mankiw, N.G., 1991. "The Reincarnation of Keynesian Economoics," Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research 1572, Harvard - Institute of Economic Research.
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