New Keynesian

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English

Alternative forms

Adjective

New Keynesian (not comparable)

  1. (economics) 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.

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Noun

New Keynesian (plural New Keynesians)

  1. An advocate of New Keynesian macroeconomics.

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