NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Monetary Policy and Unemployment

Jordi Galí

NBER Working Paper No. 15871
Issued in April 2010
NBER Program(s):   EFG   ME

Much recent research has focused on the development and analysis of extensions of the New Keynesian framework that model labor market frictions and unemployment explicitly. The present paper describes some of the essential ingredients and properties of those models, and their implications for monetary policy.

download in pdf format
   (650 K)

email paper

This paper is available as PDF (650 K) or via email.

An online appendix is available for this publication.

Acknowledgments

Machine-readable bibliographic record - MARC, RIS, BibTeX

Users who downloaded this paper also downloaded these:
Gali, Smets, and Wouters w17084 Unemployment in an Estimated New Keynesian Model
Battaglini and Coate w17562 Fiscal Policy and Unemployment
Del Negro, Perri, and Schivardi w15847 Tax buyouts
Thoma, Torrisi, Gambardella, Guellec, Hall, and Harhoff w15851 Harmonizing and Combining Large Datasets – An Application to Firm-Level Patent and Accounting Data
Gali w15758 The Return of the Wage Phillips Curve
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us