Macro- & Monetary Economics

Prio: Normal, Part II: Keynes, Type: Open Question

Neoclassical and Keynesian theory. Where is ... applicable.

- Stabilization policy can only be recommended if fiscal or monetary authorities can improve efficiency by countering shocks that cause a deviation from the full employment level

  • Neoclassical Model
  • Keynesian Sticky Price Model
  • Keynesian General Theory Model
 

Diskussion