{"product_id":"new-keynesian-economics-volume-2-coordination-failures-and-real-rigidities-9780262631341","title":"New Keynesian Economics, Volume 2: Coordination Failures and Real Rigidities","description":"\u003cp\u003eThese two volumes bring together a set of important essays that represent a new Keynesian perspective in economics today. This recent work shows how the Keynesian approach to economic fluctuations can be supported by rigorous microeconomic models of economic behavior. The essays are grouped in seven parts that cover costly price adjustment, staggering of wages and prices, imperfect competition, coordination failures, and the markets for labor, credit, and goods. An overall introduction, brief introductions to each of the parts, and a bibliography of additional papers in the field round out this valuable collection. Volume 1 focuses on how friction in price setting at the microeconomic level leads to nominal rigidity at the macroeconomic level, and on the macroeconomic consequences of imperfect competition, including aggregate demand externalities and multipliers. Volume 2 addresses recent research on non-Walrasian features of the labor, credit, and goods markets.\u003c\/p\u003e\u003cp\u003e\u003cb\u003eContributors\u003c\/b\u003e\u003cbr\u003eGeorge A Akerlof, Costas Azariadis, Laurence Ball, Ben S. Bernanke, Mark Bits, Olivier J. Blanchard, Alan S. Blinder, John Bryant, Andrew S. Caplin, Dennis W. Carlton, Stephen G. Cecchetti, Russell Cooper, Peter A. Diamond, Gary Fethke, Stanley Fischer, Robert E. Hall, Oliver Hart, Andrew John, Nobuhiro Kiyotaki, Alan B. Krueger, David M. Lilien, Ian M. McDonald, N. David Mankiw, Arthur M. Okun, Andres Policano, David Romer, Julio J. Rotemberg, Garth Saloner, Carl Shapiro, Andrei Shleifer, Robert M. Solow, Daniel F. Spulber, Joseph E. Stiglitz, Lawrence H. Summers, John Taylor, Andrew Weiss, Michael Woodford, Janet L. Yellen\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-1350576\"\u003eN. Gregory Mankiw\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e MIT Press\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/24\/1991\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 466\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.57lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.96h x 5.96w x 1.03d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9780262631341\u003cbr\u003e\u003cb\u003eISBN10:\u003c\/b\u003e 0262631342\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS069030\"\u003eEconomics | Theory\u003c\/a\u003e\u003cbr\u003e","brand":"MIT Press","offers":[{"title":"Default Title","offer_id":44285928210669,"sku":"9780262631341","price":75.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/8097\/6621\/products\/img_57cdfb1b-42a8-4882-bfb3-18644bb3e456.jpg?v=1696958792","url":"https:\/\/sureshotbooks.com\/products\/new-keynesian-economics-volume-2-coordination-failures-and-real-rigidities-9780262631341","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}