Linked from

The 17 pages that link to New Keynesian economics, each with the reason it gives.

• Keynesian economicsBroader topic: It translates Keynesian policy arguments into formal models of imperfect adjustment.

• MonetarismCompared with: It shares attention to monetary policy but emphasizes nominal rigidities rather than money-supply targets.

• Chicago school of economicsCompared with: It accepts microeconomic foundations while supporting a different account of why policy can stabilize output.

• Lucas critiqueRelated: It builds policy analysis around forward-looking behavior while retaining reasons monetary policy can affect output.

• Fiscal multiplierRelated: Its models make the multiplier depend on monetary rules, expectations, and nominal rigidities.

• Joseph StiglitzRelated: Stiglitz’s work on imperfect information helped explain why prices and wages may not clear markets.

• Real business cycle theoryCompared with: It retains equilibrium modeling while rejecting the claim that fluctuations generally reflect efficient responses to real shocks.

• The General Theory of Employment, Interest and MoneyRelated: It rebuilds Keynesian conclusions using microeconomic models absent from the original book.

• Quantity theory of moneyCompared with: Its short-run models challenge the idea that money changes affect only the price level.

• Dynamic stochastic general equilibriumBroader topic: New Keynesian DSGE models are widely used to analyze monetary policy and price adjustment.

• Post-Keynesian economicsCompared with: Despite the shared Keynesian name, it retains much of the neoclassical framework Post-Keynesians criticize.

• George AkerlofRelated: Akerlof later used information and behavioral mechanisms to explain persistent macroeconomic problems.

• Edward C. PrescottCompared with: Its nominal rigidities contrast with the flexible-price emphasis of standard real business cycle models.

• Edmund PhelpsRelated: Phelps’s work on nominal rigidities and expectations anticipated themes later developed in this tradition.

• Robert Lucas Jr.Compared with: It retained Lucas’s expectations discipline while challenging the claim that markets clear quickly.

• History of macroeconomic thoughtRelated: It reconstructed Keynesian explanations using the microeconomic foundations demanded by later critics.

• Olivier BlanchardRelated: This framework underlies much of Blanchard’s analysis of monetary policy and economic fluctuations.