New keynesian economics / edited by N. Gregory Mankiw and David Romer.

VOLUMEN I. -- Series foreword, ix -- Acknowledgments, xi -- Introduction / N. Gregory Mankiw and David Romer, 1 -- I. Costly price adjustment, 29 -- 1 Small menu costs and large business cycles: a macroeconomic model of monopoly / N. Gregory Mankiw, 29 -- 2. A near-rational model of the business cycle, with wage and price inertia / George A. Akerlof and Janet L. Yellen, 43 -- 3. Real rigidities and the nonneutrality of money / Laurence Ball and David Romer, 59 -- 4. Menu costs and the neutrality of money / Andrew S. Caplin and Daniel F. Spulber, 87 -- 5. The Rigidity of Prices / Dennis W. Carlton, 11 -- 6. The new keynesian economics and the output-inflation trade-off / Laurence Ball, N. Gregory Mankiw, and David Romer, 147 -- II. The staggering of wages and prices, 215 -- 7. Long-term contracts, rational expectations, and the optimal money supply rule / Stanley Fischer, 215 -- 8. Staggered wage setting in a macro model / John Taylor, 233 -- 9. Price asynchronization and price-level inertia / Olivier J. Blanchard, 243 -- 10. Will wage setters ever stagger decisions? / Gary Fethke and Andrew Policano, 267 -- 11. Imperfect information and staggered price setting / Laurence Ball and Stephen G. Cecchetti, 279 -- III. Imperfect competition, 313 -- 12. A Model of Imperfect Competition with Keynesian Features / Oliver Hart, 313 -- 13. Monopolistic competition and the effects of aggregate demand / Olivier lean Blanchard and Nobuhiro Kiyotaki, 345 -- 14. Imperfect competition and the keynesian cross / N. Gregory Mankiw, 377 -- 15. Market structure and macroeconomic fluctuations / Robert E. Hall, 387 -- Contributors to volume 1, 425 -- Name index, 427.

VOLUMEN II. -- Series foreword, ix -- Acknowledgments, xi -- IV. Coordination failures, 3 -- 16. Coordinating Coordination Failures in Keynesian Models / Russell Cooper and Andrew John, 3 -- 17. A Simple Rational-Expectations Keynes-Type Model / John Bryant, 25 -- 18. Aggregate-Demand Management in Search Equilibrium / Peter A. Diamond, 31 -- 19. Implementation cycles / Andrei Shleifer, 47 -- 20. Self-Fulfilling Expectations and Fluctuations in Aggregate Demand / Michael Woodford, 77 -- V. The labor market, 113 -- 21. Efficiency-Wage Models of Unemployment / Janet L. Yellen, 113 -- 22. Equilibrium Unemployment as a Worker-Discipline Device / Carl Shapiro and Joseph E. Stiglitz, 123 -- 23. Efficiency Wages and the Interindustry Wage Structure / Alan B. Krueger and Lawrence H. Summers, 143 -- 24. Implicit contracts and fixed-price equilibria / Costas Azariadis and Joseph E. Stiglitz, 187 -- 25. Wage Bargaining and Employment / Ian M. McDonald and Robert M. Solow, 211 -- 26. Hysteresis in Unemployment / Olivier J. Blanchard and Lawrence H. Summers, 235 -- VI. The credit market, 247 -- 27. Credit rationing in markets with imperfect information / Joseph E. Stiglitz and Andrew Weiss, 247 -- 28. The allocation of credit and financial collapse / N. Gregory Mankiw, 277 -- 29. Nonmonetary effects of the financial crisis in the propagation of the great depression / Ben S. Bernanke, 293 -- 30. Credit, money, and aggregate demand / Ben S. Bernanke and Alan S. Blinder, 325 -- VII. The goods market, 337 -- 31. Inflation: its mechanics and welfare costs / Arthur M. Okun, 337 -- 32. Price rigidities and market structure / Joseph E. Stiglitz, 377 -- 33. A supergame- theoretic model of price wars during booms / Julio J. Rotemberg and Garth Saloner, 387 -- 34. The Cyclical Behavior of Marginal Cost and Price / Mark Bils, 417 -- Contributors to Volume 2, 445 -- Name Index, 447.