{"id":"https://openalex.org/W1974983004","doi":"https://doi.org/10.2307/1061334","title":"The New Keynesian Economics","display_name":"The New Keynesian Economics","publication_year":1996,"publication_date":"1996-07-01","ids":{"openalex":"https://openalex.org/W1974983004","doi":"https://doi.org/10.2307/1061334","mag":"1974983004"},"language":"en","primary_location":{"id":"doi:10.2307/1061334","doi":"https://doi.org/10.2307/1061334","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1061334","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5032670421","display_name":"Werner Sesselmeier","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Werner Sesselmeier","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5046465890","display_name":"Corrado Benassi","orcid":"https://orcid.org/0000-0003-0001-6187","observed_orcids":["https://orcid.org/0000-0003-0001-6187"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Corrado Benassi","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5091641463","display_name":"Allesandra Chirco","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Allesandra Chirco","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5037688509","display_name":"Caterina Colombo","orcid":"https://orcid.org/0000-0002-4505-6150","observed_orcids":["https://orcid.org/0000-0002-4505-6150"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Caterina Colombo","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3010,"currency":"USD","value_usd":3010},"apc_paid":null,"fwci":4.8097,"has_fulltext":false,"cited_by_count":47,"citation_normalized_percentile":{"value":0.94700174,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"63","issue":"1","first_page":"278","last_page":"278"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.7914999723434448,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.7914999723434448,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.11760000139474869,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.08349999785423279,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/new-keynesian-economics","display_name":"New Keynesian economics","score":0.996999979019165},{"id":"https://openalex.org/keywords/real-wage-rigidity","display_name":"real wage rigidity","score":0.8109999895095825},{"id":"https://openalex.org/keywords/labor-market","display_name":"labor market","score":0.6579999923706055},{"id":"https://openalex.org/keywords/credit-rationing","display_name":"credit rationing","score":0.9959999918937683},{"id":"https://openalex.org/keywords/financial-market-imperfections","display_name":"financial market imperfections","score":0.9909999966621399},{"id":"https://openalex.org/keywords/real-rigidities","display_name":"real rigidities","score":0.7129999995231628},{"id":"https://openalex.org/keywords/nominal-rigidities","display_name":"nominal rigidities","score":0.9120000004768372},{"id":"https://openalex.org/keywords/price-setting","display_name":"price setting","score":0.7519999742507935},{"id":"https://openalex.org/keywords/price-adjustment-costs","display_name":"price adjustment costs","score":0.8479999899864197},{"id":"https://openalex.org/keywords/coordination-failure","display_name":"coordination failure","score":0.8379999995231628},{"id":"https://openalex.org/keywords/hysteresis","display_name":"hysteresis","score":0.921999990940094},{"id":"https://openalex.org/keywords/irrational-behavior","display_name":"irrational behavior","score":0.6679999828338623}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7549487352371216},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.6915284395217896},{"id":"https://openalex.org/C56777670","wikidata":"https://www.wikidata.org/wiki/Q60224","display_name":"Post-Keynesian economics","level":2,"score":0.5274726748466492},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.44614169001579285}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2307/1061334","doi":"https://doi.org/10.2307/1061334","is_oa":false,"landing_page_url":"https://doi.org/10.2307/1061334","pdf_url":null,"source":{"id":"https://openalex.org/S16296580","display_name":"Southern Economic Journal","issn_l":"0038-4038","issn":["0038-4038","2325-8012"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Southern Economic Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W585324142","https://openalex.org/W77615258","https://openalex.org/W7095164427","https://openalex.org/W2282016963","https://openalex.org/W565097250","https://openalex.org/W1499214977","https://openalex.org/W1516957993","https://openalex.org/W3125718951","https://openalex.org/W2185472331","https://openalex.org/W7100018694"],"abstract_inverted_index":{"Preface":[0],"1.":[1],"From":[2],"Keynesian":[3,6,9],"to":[4],"New":[5],"economics.":[7],"2.":[8],"microfoundations":[10],"in":[11,36],"historical":[12],"perspectives.":[13],"Part":[14,40,65],"I":[15],"Real":[16,34,58],"Rigidities":[17,43],"3.":[18],"The":[19],"labour":[20],"market":[21],"and":[22,29,59,69],"real":[23],"wage":[24],"rigiditry.":[25],"4.":[26],"Credit":[27],"rationing":[28],"imperfect":[30],"capital":[31],"markets.":[32],"5.":[33],"rigidities":[35],"the":[37],"goods":[38],"market.":[39],"II":[41],"Nominal":[42],"Introduction":[44],"6.":[45],"Rational":[46],"models":[47],"of":[48],"irrational":[49],"behaviour.":[50],"7.":[51],"Price":[52],"setting":[53],"with":[54],"adjustment":[55],"cost.":[56],"8.":[57],"nominal":[60],"price":[61],"rigidity:":[62],"further":[63],"issues.":[64],"III":[66],"Coordination":[67,72],"Failures":[68],"Hysteresis":[70,75],"9.":[71],"failures":[73],"10.":[74],"Conclusions.":[76]},"counts_by_year":[{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":4},{"year":2012,"cited_by_count":3}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}
