The New Keynesian Model Explained

This is a very broad overview over the New Keynesian Model. I skipped over a lot of details and abstracted from a lot of stuff. This is meant as a gentle introduction.
If you are interested in anything, please leave a comment and I will make a separate video :).

[@alunevans2377]

These NK.Models are useless in predicting inflation. The models.do not include money or the banking system that fuel the economy

[@alunevans2377]

Best model is the Quantity Theory of Money as espoused by Irving Fisher and Milton Friedman

[@ApriliaAlis]

Thanks so much :) Completely understand this now

[@FranciscoMartinez-kl5dd]

Once the Central Bank sets the interest rate how are prices set? I don't understand how sticky prices affect the inflation gap

[@jesuschrist8960]

This is quality content, innit

[@fabianchacon568]

Excellent video, I would like to see more videos of this type

[@aimanishaqi4135]

Thanks for this, it's really amazing 🤩, i want more please

[@cyJu-b3s]

Thank you so much for this video！It really helps me a lot！I was wondering if you can publish a video about how to calculate the natural rate of interest using a DSGE model under the New Keynesian Model？

[@FinAndEcon]

I will put it on my list :)

[@cyJu-b3s]

Thank you so much！This problem really troubles me a lot recently🥰 @@FinAndEcon