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New Keynesian Economics, Volume 1: Imperfect Competition and Sticky Prices

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These two volumes bring together a set of important essays that representa "new Keynesian" perspective in economics today. This recent work shows how theKeynesian approach to economic fluctuations can be supported by rigorousmicroeconomic models of economic behavior. The essays are grouped in seven partsthat cover costly price adjustment, staggering of wages and prices, im

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Published April 24th 1991 by Mit Press (first published January 1st 1991)
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American "new keynesian" macroeconomist. From 2003 to 2005, Mankiw was the chairman of President Bush's Council of Economic Advisors.He has since resumed teaching at Harvard, taking over the introductory economics course Social Analysis 10. More at Wikipedia.
More about N. Gregory Mankiw...

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