Discover how New Keynesian economics updates classical Keynesian principles, focusing on price stickiness, wage rigidity, and their economic implications.

Discover how Keynesian and Neo-Keynesian economics differ in addressing economic growth and stability through fiscal and monetary policies.

This is a preview. Log in through your library . Abstract The paper argues that the derivation of the aggregate demand curve in the new Keynesian literature is insufficient to provide the theoretical ...

Erkenntnis is a philosophical journal publishing papers committed in one way or another to the philosophical attitude which is signified by the label "analytic philosophy". It concentrates on those ...