New Classicals and Keynesians, or the Good Guys and the Bad Guys
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Old- style Keynesian models relied on sticky prices or wages to explain unemployment and to argue for demand-side macroeconomic policies. This approach relied increasingly on a Phillips-curve view of the world, and therefore lost considerable prestige with the events of the 1970s. The new classical
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美国国家经济研究局创建时间：
1989-05-01
