Tcherneva, Pavlina R. (contributor) - 2008
chairman Ben Bernanke. Bernanke
embraces the core concepts of the NEC (the IS curve, the Phillips curve, and the Taylor
rule … and Vines
2005; Bernanke 2002 and 2003b; Blinder 2004; Krugman 2005; Solow 2005; Wren-
Lewis 2000). What is this new role … policy (e.g. Bernanke, Reinhart
and Sack 2004; Krugman 2005). Since the short-term rate is the main policy lever unde …