tag:blogger.com,1999:blog-4979477022008569617.post7616230142519885323..comments2023-05-02T06:38:35.510-07:00Comments on Roger Farmer's Economic Window: New Keynesian FlimflamRoger Farmerhttp://www.blogger.com/profile/05213844698773859392noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4979477022008569617.post-77566371815923829542014-07-02T18:53:37.177-07:002014-07-02T18:53:37.177-07:00Roger, Interesting article and comment exchange wi...Roger, Interesting article and comment exchange with Nick. I love to make the rounds to various econ blogs, but sometimes I forget about yours. I should drop by more often.<br /><br />O/T: Where do you find macro plots of price levels from theoretical models and empirical data on the same plot? This guy is looking for plots like this to compare with his own:<br /><br />http://informationtransfereconomics.blogspot.com/2014/07/a-challenge-to-macroeconomists.html<br /><br />I figure one of you macro folks ought to know. I'm curious to see how his results compare.Tom Brownhttps://www.blogger.com/profile/17654184190478330946noreply@blogger.comtag:blogger.com,1999:blog-4979477022008569617.post-5789132583710378922014-05-05T06:52:00.840-07:002014-05-05T06:52:00.840-07:00Yes Nick - Wicksell was certainly a major influenc...Yes Nick - Wicksell was certainly a major influence on the New Keynesians. Roger Farmerhttps://www.blogger.com/profile/05213844698773859392noreply@blogger.comtag:blogger.com,1999:blog-4979477022008569617.post-5688109124774915032014-05-05T05:39:52.803-07:002014-05-05T05:39:52.803-07:00Good post Roger. Hume's essay is a lovely essa...Good post Roger. Hume's essay is a lovely essay. But I would say that New Keynesian macro is a bit more Wicksellian than Humean. Because of the emphasis on interest rates rather than stock of money. But it doesn't really matter what we call it, and NK has many parents.Nick Rowehttps://www.blogger.com/profile/04982579343160429422noreply@blogger.com