New Keynesian
Speech parts
1. New Keynesian - Noun
2. New Keynesian - Adjective
Meaning
New Keynesian (not comparable)
(economics) Advocating or pertaining to a macroeconomic synthesis between Keynesianism and neoclassical economics; often involving or preferring countercyclical stabilisation through monetary policy but favouring fiscal intervention at the zero lower bound.
New Keynesian (plural New Keynesians)
An advocate of New Keynesian macroeconomics.
Alternative names
New-Keynesian