“A New Keynesian Workbook”

This is an ongoing project that presently consists of two parts. The main paper published in the International Review of Economics Education (IREE version | SSRN version) provides a summary of the models covered in the workbook. Macros have to be enabled for the workbook to operate. The questionnaire provides additional discussion material. The technical appendix provides derivations of formulas for the schedules and impulse responses. A follow-up paper titled “Liquidity Trap in an Inflation-targeting Framework: A Graphical Analysis” (IREE version | SSRN Version) is also published in the IREE.

Please let me know if you have any questions. Suggestions for extending the questionnaire are more than welcome!