NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

New Keynesian Models: Not Yet Useful for Policy Analysis

V.V. Chari, Patrick J. Kehoe, Ellen R. McGrattan

NBER Working Paper No. 14313
Issued in September 2008

---- Acknowledgements -----

We thank the NSF for financial support and Kathy Rolfe and Joan Gieseke for excellent editorial assistance. The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis, the Federal Reserve System, or the National Bureau of Economic Research.

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