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 :).

Комментарии • 10

  • @fabianchacon568
    @fabianchacon568 4 месяца назад

    Excellent video, I would like to see more videos of this type

  • @alunevans2377
    @alunevans2377 11 дней назад

    Best model is the Quantity Theory of Money as espoused by Irving Fisher and Milton Friedman

  • @ApriliaAlis
    @ApriliaAlis 6 месяцев назад

    Thanks so much :) Completely understand this now

  • @jesuschrist8960
    @jesuschrist8960 Год назад +1

    This is quality content, innit

  • @aimanishaqi4135
    @aimanishaqi4135 Год назад

    Thanks for this, it's really amazing 🤩, i want more please

  • @FranciscoMartinez-kl5dd
    @FranciscoMartinez-kl5dd Год назад

    Once the Central Bank sets the interest rate how are prices set? I don't understand how sticky prices affect the inflation gap

  • @cyJu-b3s
    @cyJu-b3s Год назад

    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?

    • @FinAndEcon
      @FinAndEcon  Год назад

      I will put it on my list :)

    • @cyJu-b3s
      @cyJu-b3s Год назад

      Thank you so much!This problem really troubles me a lot recently🥰 @@FinAndEcon

  • @alunevans2377
    @alunevans2377 11 дней назад +1

    These NK.Models are useless in predicting inflation. The models.do not include money or the banking system that fuel the economy