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October 14, 2014 / integralds

Notes on Clarida, Gali, and Gertler (1999 JEL)

These notes assume knowledge of the IS-LM model typically taught in intermediate macroeconomics. I describe the three-equation New Keynesian model and discuss monetary policy design. The notes are best read side-by-side with the CGG paper; indeed my section numbers and headings follow theirs for ease of comparison.

See here.

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