1
by Kumhof, Michael
Published 2003
International Monetary Fund
... Keynesian model with firms setting pricing policies instead of price levels. In response to permanent...

2
by Laxton, Douglas
Published 2007
International Monetary Fund
...This paper develops a 2-country New Keynesian overlapping generations model suitable for the joint...

3
by Benes, Jaromir
Published 2011
International Monetary Fund
...We study the welfare properties of a New Keynesian monetary economy with an essential role...