Galí, Jordi - 2015 - Second edition
-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse … banks in the industrialized world. Using a canonical version of the New Keynesian model as a reference, Jordi Galí explores … interest rates, and an analysis of unemployment's significance for monetary policy. The most up-to-date introduction to the New …