# New Keynesian economics

> school of macroeconomics focusing on microeconomic foundations for Keynesian economics, holding that households/firms have rational expectations but that market failures (e.g. imperfect competition in prices/wages) cause Keynesian phenomena

**Wikidata**: [Q936174](https://www.wikidata.org/wiki/Q936174)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/New_Keynesian_economics)  
**Source**: https://4ort.xyz/entity/new-keynesian-economics


## References

1. Freebase Data Dumps. 2013
2. [Postkeynesianismus. 2016](https://www.exploring-economics.org/de/orientieren/postkeynesianismus/)
3. KBpedia
4. [OpenAlex](https://docs.openalex.org/download-snapshot/snapshot-data-format)