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The New Keynesian Microfoundations

  • Rotemberg J
NBER Macroeconomics Annual (1987) 2 69-104
DOI: 10.1086/ma.2.4623707
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Abstract

This article surveys some recent efforts at deriving the standard Keynesian effects of money on output from models in which individual agents maximize their welfare. While other models with continu...

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APA

Rotemberg, J. J. (1987). The New Keynesian Microfoundations. NBER Macroeconomics Annual, 2, 69–104. https://doi.org/10.1086/ma.2.4623707

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