New Keynesian Macroeconomics Versus Real Business Cycle Theory; Can they be seen as Complimentary Theories?

Abstract: This 12 page paper agues that these two schools of macroeconomic thought are not as contradictory as assumed, and that in reality real world applications can be seen as a synthesis of these two models. The bibliography cites 5 sources.

Filename: TErbctnk.rtf

Pages: 12

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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