1988Brookings Papers on Economic ActivityOpen access

The New Keynesian Economics and the Output-Inflation Trade-Off

Laurence Ball, N. Gregory Mankiw, David Romer, George A. Akerlof, Andrew Rose, Janet Yellen, Christopher A. Sims

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Abstract

Laurence Ball, N. Gregory Mankiw, David Romer, George A. Akerlof, Andrew Rose, Janet Yellen, Christopher A. Sims, The New Keynesian Economics and the Output-Inflation Trade-Off, Brookings Papers on Economic Activity, Vol. 1988, No. 1 (1988), pp. 1-82

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Laurence Ball, N. Gregory Mankiw, David Romer, George A. Akerlof, Andrew Rose, Janet Yellen, Christopher A. Sims, The New Keynesian Economics and the Output-Inflation Trade-Off, Brookings Papers on Economic Activity, Vol. 1988, No. 1 (1988), pp. 1-82

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Available abstract

Laurence Ball, N. Gregory Mankiw, David Romer, George A. Akerlof, Andrew Rose, Janet Yellen, Christopher A. Sims, The New Keynesian Economics and the Output-Inflation Trade-Off, Brookings Papers on Economic Activity, Vol. 1988, No. 1 (1988), pp. 1-82

Key concepts: Economics, New Keynesian economics, Inflation (cosmology), Keynesian economics, Phillips curve, Nominal interest rate, Point (geometry), Monetary policy

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