A Survey of new keynesian theories of aggregate supply and their relation to industrial organization

Deskripsi

I survey the recent literature on the Phillips curve. Along the way, I will try to relate this literature to topics of interest to industrial organization. I will also point out the gaps in our understanding and places where more careful micro-economic analysis would be helpful to macroeconomists. In the conclusion, I summarize what an industrial organization economist might take away from this literature. [PUBLICATION ABSTRACT].Printed journal