The New Keynesian Model Explained
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- Опубликовано: 18 сен 2024
- This is a very broad overview over the New Keynesian Model. I skipped over a lot of details and abstracted from a lot of stuff. This is meant as a gentle introduction.
If you are interested in anything, please leave a comment and I will make a separate video :).
Excellent video, I would like to see more videos of this type
Best model is the Quantity Theory of Money as espoused by Irving Fisher and Milton Friedman
Thanks so much :) Completely understand this now
This is quality content, innit
Thanks for this, it's really amazing 🤩, i want more please
Once the Central Bank sets the interest rate how are prices set? I don't understand how sticky prices affect the inflation gap
Thank you so much for this video!It really helps me a lot!I was wondering if you can publish a video about how to calculate the natural rate of interest using a DSGE model under the New Keynesian Model?
I will put it on my list :)
Thank you so much!This problem really troubles me a lot recently🥰 @@FinAndEcon
These NK.Models are useless in predicting inflation. The models.do not include money or the banking system that fuel the economy