How is monetary policy determined in the New Keynesian model? What is the central banks target, and

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How is monetary policy determined in the New Keynesian model? What is the central bank’s target, and what does the central bank control directly?

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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Question Posted: Feb 21, 2020 12:29 PM

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How is monetary policy determined in the New Keynesian model? What is the central banks target, and

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Keynesians do believe in an indirect link between t...View the full answer

Macroeconomics

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