Money and Information in a New Neoclassical Synthesis Framework [PDF]
The Economic Journal, 2010 We consider an (otherwise standard) New Neoclassical Synthesis theoretical framework that allows a role for money. Money in our model has an informational role which consists in facilitating the estimation of the unobserved shocks that drive potential ...
Georgios Chortareas +2 more
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NBER Macroeconomics Annual 1997, Volume 12 [PDF]
NBER Macroeconomics Annual, 1997 Macroeconomics is moving toward a New Neoclassical Synthesis, which like the synthesis of the 1960s melds Classical with Keynesian ideas. This paper describes the key features of the new synthesis and its implications for the role of monetary policy. We find that the New Neoclassical Synthesis rationalizes an activist monetary policy which is a simply ...
Marvin Goodfriend, Robert King
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Monetary policy in the new neoclassical synthesis : a primer [PDF]
International Finance, 2002 Monetary ...
Marvin Goodfriend
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The Labour Market in a New Neoclassical Synthesis Model with Nominal Wage Rigidities
Gospodarka Narodowa. The Polish Journal of Economics, 2018 The aim of this article is to review a body of research that uses labour market components to build models of Dynamic Stochastic General Equilibrium (DSGE) and to assess the implications of such models for monetary policy.
Przemysław Włodarczyk
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International Adjustment in the New Neoclassical Synthesis [PDF]
, 2007 This paper applies principles of the New Neoclassical Synthesis (NNS) to questions of international trade and financial adjustment. The analytical framework is a 2-country, 2-good, 2-period model designed to explore the behavior of the balance of ...
Goodfriend, Marvin
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Dynamic Properties of the New Neoclassical Synthesis Model of Business Cycle [PDF]
, 2000 Linear and Hodrick-Prescott detrending methods do not provide a good approximation of the business cycle when output contains a unit root. I use the multivariate Beveridge-Nelson decomposition to document the main patterns of US postwar business cycle ...
Frederic Dufourt
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The origin and development of economic hermeneutics inside Soviet Marxism and neoclassical synthesis [PDF]
Известия Саратовского университета. Новая серия: Серия «Экономика. Управление. Право», 2023 Introduction. This article is an analysis of the factors of the emergence and development of economic hermeneutics. The stereotypical ideas about the total ideological unification of political economy in the USSR during the period of Soviet Marxism ...
Fenin, Cyril V.
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Revisiting Inflation Concepts: Orthodox Modifications and Heterodox Alternatives [PDF]
AlterEconomics, 2023 Amid rising global inflation, traditional monetary policies face challenges, prompting a reevaluation of their theoretical foundations and a surge in interest in alternative perspectives. This article examines recent alterations to conventional inflation
Yulia L. Plushchevskaya +1 more
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Application of the IS-PC-MR model in the modern macroeconomics [PDF]
Ekonomski Signali, 2014 In contemporary economic literature, very significant position takes 'new' neoclassical synthesis, which refers to the consensus about the role of monetary policy in the modern economy, the role of expectations, the importance of money and looking ...
Kalinić Ljubina
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Global overview of modern financing typologies to mitigate financial risks in developed countries [PDF]
SocioEconomic Challenges, 2023 In this study, we reviewed the laws and legal regulations that mandate banks and financial services organizations to implement anti-money laundering efforts which are responsible to detect and mitigate the risks of money laundering and modern financing ...
Sina Patel +2 more
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