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- The new neoclassical synthesis (NNS), which is now generally referred to as New Keynesian economics, and occasionally as the New Consensus, is the fusion of the major, modern macroeconomic schools of thought – new classical macroeconomics/real business cycle theory and early New Keynesian economics – into a consensus view on the best way to explain short-run fluctuations in the economy. This new synthesis is analogous to the neoclassical synthesis that combined neoclassical economics with Keynesian macroeconomics. The new synthesis provides the theoretical foundation for much of contemporary mainstream macroeconomics. It is an important part of the theoretical foundation for the work done by the Federal Reserve and many other central banks. Prior to the synthesis, macroeconomics was split between partial-equilibrium New Keynesian work on market imperfections demonstrated with small models and new classical work on real business cycle theory that used fully specified general equilibrium models and used changes in technology to explain fluctuations in economic output. The new synthesis has taken elements from both schools, and is characterised by a consensus on acceptable methodology, the importance of empirical validation of theoretical work, and the effectiveness of monetary policy. (en)
- 新しい新古典派総合(New neoclassical synthesis)または新しい総合(New synthesis)は、 マクロ経済学の短期変動についての理論。主要な現代のマクロ経済学派である新しい古典派およびネオ・ケインジアンの理論を融合させたものとされる。この「新しい総合」は、新古典派経済学とジョン・メイナード・ケインズの『一般理論』を組み合わせた新古典派総合に喩(たと)えることができる。新しい総合は、多くの主流派経済学の理論的な基盤を提供している。また新しい総合は、多くの中央銀行の金融政策の理論的基盤の重要な部分を占めていると言われている。 (ja)
- Nieuw-neoklassieke synthese of nieuwe synthese is de synthese van de grote, moderne macro-economische stromingen, de nieuw-klassieke macro-economie en de nieuwkeynesiaanse macro-economie in een consensus om de beste manier om kortetermijnschommelingen in de economie te verklaren. Deze nieuwe synthese is analoog aan de neoklassieke synthese die de neoklassieke theorie en de keynesiaanse macro-economie met elkaar verenigde. (nl)
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- 新しい新古典派総合(New neoclassical synthesis)または新しい総合(New synthesis)は、 マクロ経済学の短期変動についての理論。主要な現代のマクロ経済学派である新しい古典派およびネオ・ケインジアンの理論を融合させたものとされる。この「新しい総合」は、新古典派経済学とジョン・メイナード・ケインズの『一般理論』を組み合わせた新古典派総合に喩(たと)えることができる。新しい総合は、多くの主流派経済学の理論的な基盤を提供している。また新しい総合は、多くの中央銀行の金融政策の理論的基盤の重要な部分を占めていると言われている。 (ja)
- Nieuw-neoklassieke synthese of nieuwe synthese is de synthese van de grote, moderne macro-economische stromingen, de nieuw-klassieke macro-economie en de nieuwkeynesiaanse macro-economie in een consensus om de beste manier om kortetermijnschommelingen in de economie te verklaren. Deze nieuwe synthese is analoog aan de neoklassieke synthese die de neoklassieke theorie en de keynesiaanse macro-economie met elkaar verenigde. (nl)
- The new neoclassical synthesis (NNS), which is now generally referred to as New Keynesian economics, and occasionally as the New Consensus, is the fusion of the major, modern macroeconomic schools of thought – new classical macroeconomics/real business cycle theory and early New Keynesian economics – into a consensus view on the best way to explain short-run fluctuations in the economy. This new synthesis is analogous to the neoclassical synthesis that combined neoclassical economics with Keynesian macroeconomics. The new synthesis provides the theoretical foundation for much of contemporary mainstream macroeconomics. It is an important part of the theoretical foundation for the work done by the Federal Reserve and many other central banks. (en)
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- 新しい新古典派総合 (ja)
- New neoclassical synthesis (en)
- Nieuw-neoklassieke synthese (nl)
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