1.

Record Nr.

UNINA9910457470903321

Autore

Galí Jordi <1961->

Titolo

Unemployment fluctuations and stabilization policies [[electronic resource] ] : a new Keynesian perspective / / Jordi Galí

Pubbl/distr/stampa

Cambridge, Mass., : MIT Press, c2011

ISBN

0-262-29791-4

1-283-30285-3

9786613302854

0-262-29879-1

Descrizione fisica

1 online resource (119 p.)

Collana

Zeuthen lecture book series

Disciplina

339.5/3

Soggetti

Unemployment

Unemployment - Government policy

Monetary policy

Keynesian economics

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Revised version of lectures delivered at the University of Copenhagen on March 17-19, 2010.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

A simple model of unemployment and inflation dynamics -- Unemployment, the output gap, and the welfare costs of economic fluctuations -- Unemployment and monetary policy design in the new Keynesian model -- Concluding remarks and directions for future research.

Sommario/riassunto

A new approach for introducing unemployment into the New Keynesian framework.The past fifteen years have witnessed the rise of the New Keynesian model as a framework of reference for the analysis of fluctuations and stabilization policies. That framework, which combines the rigor and internal consistency of dynamic general equilibrium models with such typically Keynesian assumptions as monopolistic competition and nominal rigidities, makes possible a meaningful, welfare-based analysis of the effects of monetary policy rules. But the conspicuous absence of unemployment from the standard New Keynesian model has given rise to both criticism and attempts to rectify



this anomaly. In this book, Jordi Gali, one of the major contributors to the New Keynesian literature, offers a new approach to introducing unemployment into that framework. Gali's approach involves a reinterpretation of the labor market in the standard New Keynesian model with staggered wage setting (rather than a modification or extension of the model, as has been proposed by others). The resulting framework preserves the convenience of the representative household paradigm and allows one to determine the equilibrium levels of employment, the labor force, and hence the unemployment rate conditional on the monetary policy in place. Gali develops the basic model, embedding it in a standard New Keynesian framework with staggered price and wage setting; revisits the relationship between economic fluctuations and efficiency through the lens of the new model, developing a measure of the output gap; and analyzes the relation between unemployment and the design of monetary policy.

2.

Record Nr.

UNINA9910962286703321

Autore

Palma Ricardo <1833-1919.>

Titolo

Peruvian traditions / / by Ricardo Palma ; translated from the Spanish by Helen Lane ; edited with an introduction and chronology by Christopher Conway

Pubbl/distr/stampa

Oxford ; ; New York, : Oxford University Press, 2004

ISBN

9780197725580

0197725589

9780199882779

0199882770

9781280502941

1280502940

9780198036081

0198036086

9781423746522

142374652X

9780199725823

0199725829

9781602569126

1602569126

Edizione

[1st ed.]

Descrizione fisica

1 online resource (312 p.)

Collana

Library of Latin America

Altri autori (Persone)

LaneHelen R

ConwayChristopher

Disciplina

398.2/0985

Soggetti

Legends - Peru



Peru History

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Previously issued in print: 2004.

Nota di bibliografia

Includes bibliographical references (p. [261]-263).

Nota di contenuto

Contents; Series Editor's General Introduction; Translator's Note; Chronology of Ricardo Palma; Introduction; FIRST SERIES; SECOND SERIES; THIRD SERIES; FOURTH SERIES; FIFTH SERIES; SIXTH SERIES; SEVENTH SERIES; EIGHTH SERIES; NINTH SERIES; TENTH SERIES; Appendix: Listing of the Peruvian Traditions by Historical Period; Bibliography

Sommario/riassunto

In his lifetime, the Peruvian Ricardo Palma (1838-1919) was one of the most popular and imitated writers in Latin America. His historical miscellanies, which he called "traditions," are witty anecdotes about conquerors, viceroys, corrupt and lovelorn friars, tragic loves and notorious characters.