Huw Dixon

Chapter Five - New Keynesian Economics, Nominal Rigidities and Involuntary Unemployment

Table of Contents.

Part 1: Economics and the meaning of Life.

Chapter 1: The Joy Of Economics.

Chapter 2: Equilibrium and Explanation.

Part 2: Mainly Macro

Chapter 3: Of coconuts, decomposition, and a jackass: the genealogy of the natural rate

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Chapter 4: The Role of imperfect competition in new Keynesian Economics.

Chapter 5: New Keynesian Economics, Nominal Rigidities and Involuntary Unemployment.

Part 3: Mainly Micro

Chapter 6: Oligopoly theory made simple.

Chapter 7: Some thoughts on economic theory and artificial intelligence.

Chapter 8: Donut world and the Duopoly Archipelago.

Appendix: new Keynesian economics

References