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After Keynesian macroeconomics [PDF]

open access: yes
Robert E. Lucas, Jr., Thomas J. Sargent
core  

The New Keynesian cross

Journal of Monetary Economics, 2020
Abstract The New Keynesian (NK) cross is a graphical and analytical apparatus for heterogeneous-agent (HANK) models expressing key aggregate demand objects—MPC and multipliers—as functions of heterogeneity parameters. It affords analytical insights into monetary, fiscal, and forward guidance multipliers, and replicates the aggregate implications of ...
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The Keynesian Cross: Graphical Interpretations of Effective Demand

SSRN Electronic Journal, 2007
The General Theory of Employment, Interest and Money by John Maynard Keynes led up to three cross-shaped graphical interpretations: the IS-LM model, the 45o model and the Z-D model. The first one was originated from Hicks (1937) well-known paper, despite the differences between his original version and the textbook versions.
Claudia Heller, Marina Dessotti
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