
Monetary Policy, Inflation, and the Business Cycle
An Introduction to the New Keynesian Framework and Its Applications - Second Edition
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This revised second edition of Monetary Policy, Inflation, and the Business Cycle provides a rigorous graduate-level introduction to the New Keynesian framework and its applications to monetary policy. The New Keynesian framework is the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welf