Literature on the New Keynesian approach to business cycles
 

Introduction/overview/discussion

Carlin, W., and D. Soskice, 2005, The 3-equation New keynesian Model - A Graphical Exposition, The B.E. Journal of Macroeconomics. Contributions, vol. 5 (1).

Cukierman, A., 2005, Keynesian Economics, Monetary Policy and the Business Cycle - new and Old, CESifo Economic Studies, vol. 51 (4), 697-728.

Gali, J., 2000, The Return of the Phillips Curve ...

Gali, J., 2008, Monetary Policy, Inflation, and the Business Cycle. An Introduction to the New Keynesian Framework, Princeton University Press, Oxford.

Gali, J., 2011, Unemployment Fluctuations and Stabilization Policies. A New Perspective, MIT Press, London.

Gali, J., and M. Gertler, 2007, Macroeconomic modeling for monetary policy, J. Economic Perspectives, vol. 21 (4), 25-46.

Levin, A., and T. Yun, 2007, Reconsidering the natural rate hypothesis in a new Keynesian framework, J. Monetary Economics, vol. 54, 1344-65.

Ploeg, F. van der, 2005, Back to Keynes?, CESifo Economic Studies, vol. 51 (4), 777-722.
 

Complete DSGE models

Danthine, J-P., and A. Kurmann, 2004: Fair wages in a New Keynesian model of the business cycle, Review of Economic Dynamics, vol. 7, 107-142.

Jeanne, O., 1998: Generating real persistent effects of monetary shocks: How much nominal rigidity do we really need?, European Economic Review, vol. 42, no. 6, 1009-32.

Smets, F., and R. Wouters, 2003, An estimated dynamic stochastic general equilibrium model of the Euro area, Journal of the European Economic Association, vol. 1, no. 5, 1123-75.