Segmentation and regional analysis: labor typologies and geographic inequality in Antofagasta and La Araucanía, Chile. [PDF]
Blanco O +2 more
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Cognitive mapping to decode farmers' mindsets in agricultural decision-making: a systematic review. [PDF]
SriVidhya AP, Mansingh PJ.
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Assessing the effects of population-level political, economic and social exposures, interventions and policies on inclusive economy outcomes for health equity in high-income countries: a systematic review of reviews. [PDF]
Macintyre AK +5 more
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Bibliometric and literature review of research on nature-based solutions and climate change: Implications for policy and practice. [PDF]
Echebarria C, de Salazar IG.
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International Adjustment in the New Neoclassical Synthesis [PDF]
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 payments, the terms of trade, and aggregate fluctuations in terms of interest rate and exchange rate ...
Marvin Goodfriend, Goodfriend, Marvin
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Credit and Prices in Woodford's New Neoclassical Synthesis [PDF]
Following recent debates on the New Neoclassical Synthesis, the theory of monetary policy has been renewed. The prevailing method, illustrated by Woodford's version of Interest and Prices, is a Dynamic Stochastic General Equilibrium Model in which the old LM curve is voluntarily substituted by an optimal monetary rule.
Alexander Tobon, Nicolas Barbaroux
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Monetary Policy in the New Neoclassical Synthesis: A Primer [PDF]
This primer provides an understanding of the mechanics and objectives of monetary policy using a benchmark new neoclassical synthesis (NNS) macromodel. The NNS model incorporates classical features such as a real business cycle (RBC) core and Keynesian features such as monopolistically competitive firms and costly price adjustment.
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Fiscal Policy in the New Neoclassical Synthesis
Journal of Money, Credit, and Banking, 2003We analytically derive the cyclical effects of fiscal policy shocks in a New Neoclassical Synthesis model. Price stickiness has the consequence that a rise in government demand affects labor demand, while at the same time the usual wealth effect boosts labor supply.
Ludger Linnemann, Andreas Schabert
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Graphical Analysis of the New Neoclassical Synthesis
SSRN Electronic Journal, 2006In this paper we present a graphical analysis framework for the new neoclassical synthesis, which can be used to explain and interpret the behavior of the new neoclassical model under shocks. We elaborate the role of expectations on output and inflation as well as the influence of the monetary authority.
Guido Giese, Helmut Wagner
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Scope and Flaws of the New Neoclassical Synthesis [PDF]
The current consensus in macroeconomics represented by the New Neoclassical Synthesis (NNS) is based on dynamically stochastic general equilibrium (DSGE) modeling with Real Business Cycle (RBC) core to which nominal rigidities are added by way of imperfect competition.
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