Two Different Views on Monetary Policy Impact: The New Consensus and Post-Keynesian Economics

The objective of this study is to make a synthesis of the differences between two new macroeconomic views. A New Consensus has arisen among neoclassical and New-Keynesian economists, such as Romer, Taylor and Walsh. This new view seeks to redefine the application of monetary policy by re-specifying...

Full description

Bibliographic Details
Main Author: Marius-Corneliu Marinas
Format: Article
Language:English
Published: General Association of Economists from Romania 2007-09-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/251.pdf