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Art, Intuition, and Identity in Ramón y Cajal. [PDF]
Hunter D +3 more
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A study on regional differences and convergence of nursing human resource levels in the Yangtze River Economic Belt: an empirical study. [PDF]
Chen J +6 more
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New explanations of the economic success of East Asia : lessons for developing and Eastern European countries [PDF]
Hermes, Niels
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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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Credit booms, monetary integration and the new neoclassical synthesis
Journal of Banking & Finance, 2008Abstract Credit to the private sector has risen rapidly in many new Central and Eastern European EU Member States (nMS) in recent years. The lending boom has recently been particularly strong in the segment of loans to households, primarily mortgage-based housing loans, and in those countries that operate currency boards or other forms of hard pegs ...
Peter Backé, Cezary Wójcik
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Wicksell, Keynes, and the New Neoclassical Synthesis: What Can We Learn for Monetary Policy?
Economic Notes, 2014The New Neoclassical Synthesis (NNS) provides the established macroeconomic foundation for monetary policy. The Great Recession has, however, unveiled a number of unresolved issues. Prominent scholars have stressed the connections of the NNS with the founders of macroeconomic thought, Wicksell and Keynes.
Mazzocchi, Ronny +2 more
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[The New Neoclassical Synthesis and the Role of Monetary Policy]: Discussion
NBER Macroeconomics Annual, 1997exaly +4 more sources
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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