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Cataloged Resource Summary

 

Title

New Keynesian Economics

Author

N. Gregory Mankiw

Category

Schools of Economic Thought

Type

Article

Description

This article discusses the disagreement between new classical and new Keynesian economists, the staggering of prices, coordination failure, efficiency wages, and policy implications.

URL

http://www.econlib.org/library/Enc/NewKeynesianEconomics.html
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