Tag: New Keynesian Economics

ECB recently conducted a survey asking 58 leading non-financial companies that operate across the euro area in eurozone their price-setting behaviors, the results provide a helpful dataset for macroeconomists’ use.

In this interview, Prof. Farmer explains to us: Why are multiple equilibria modeling better compared to the standard unique equilibrium model? Why should "belief" be an important component to macroeconomic modeling? Why should central banks consider stock market intervention in stabilizing the employment markets?

John Cochrane talks about Fiscal Theory of Price Level and how can we apply this theory on the current macroeconomy.