English Explanatory Dictionary

New Keynesian

English dictionary entry

Meanings

adj
  1. Advocating or pertaining to a macroeconomic synthesis between Keynesianism and neoclassical economics; often involving or preferring countercyclical stabilisation through monetary policy but favouring fiscal intervention at the zero lower bound.
noun
  1. An advocate of New Keynesian macroeconomics.

Word forms

New Keynesian new-Keynesian New Keynesians
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