BOOK REVIEW: „Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and its Applications“, Princeton University Press, Second Edition, 2015, by Jordi Galí
By Milutin Ješić. 2017
184 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/0f7b022b3620a09d0141b5a4203da7fa1845de40
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In Economics and Econometrics
Citations in the corpus
- On Secular Stagnation in the Industrialized World (2019, background): “remaining at equilibrium (“potential”) level, it is well aligned with the modern monetary theory, as in Walsh (1998), Woodford (2003) and Gali (2008). That literature is primarily concerned with fluctuations at the business-cycle frequency, where shocks move the economy around a stable steady state.”