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Year of publication
Subject
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IS-LM model 489 IS-LM-Modell 481 Theorie 311 Theory 311 Geldpolitik 117 Monetary policy 112 Macroeconomics 110 Makroökonomik 108 Keynesian economics 102 Keynesianismus 102 History of economic thought 49 Ökonomische Ideengeschichte 49 Finanzpolitik 38 Fiscal policy 38 Offene Volkswirtschaft 36 Open economy 34 Geldpolitische Transmission 32 Monetary transmission 32 Neoclassical synthesis 30 Neoklassische Synthese 30 Phillips curve 28 Phillips-Kurve 28 USA 27 Schock 26 Shock 26 United States 26 Business cycle theory 23 Konjunkturtheorie 23 Business cycle 21 Konjunktur 21 Geldtheorie 20 Zins 20 Estimation 19 Monetary theory 19 Post-Keynesian economics 19 Postkeynesianismus 19 Schätzung 19 Interest rate 18 Liquidity preference 18 Liquiditätspräferenz 18
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Online availability
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Free 148 Undetermined 49 CC license 1
Type of publication
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Book / Working Paper 260 Article 255
Type of publication (narrower categories)
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Article in journal 185 Aufsatz in Zeitschrift 185 Graue Literatur 90 Non-commercial literature 90 Arbeitspapier 88 Working Paper 88 Aufsatz im Buch 49 Book section 49 Hochschulschrift 14 Thesis 13 Collection of articles of several authors 9 Sammelwerk 9 Lehrbuch 8 Bibliografie enthalten 7 Bibliography included 7 Aufsatzsammlung 5 Textbook 5 Konferenzschrift 4 Conference paper 3 Dissertation u.a. Prüfungsschriften 3 Konferenzbeitrag 3 Conference proceedings 2 Systematic review 2 Übersichtsarbeit 2 Article 1 Case study 1 Conference Paper 1 Fallstudie 1
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Language
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English 403 German 52 Undetermined 30 Spanish 12 French 8 Italian 3 Portuguese 3 Bulgarian 1 Czech 1 Danish 1 Croatian 1 Lithuanian 1 Russian 1 Slovak 1
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Author
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Brady, Michael Emmett 33 Carlberg, Michael 10 Chiarella, Carl 9 Young, Warren 8 Hsing, Yu 7 Kiley, Michael T. 7 Lambsdorff, Johann 7 Michaillat, Pascal 7 Pagan, Adrian R. 7 Pesaran, M. Hashem 7 Saez, Emmanuel 7 Barens, Ingo 6 Engelen, Christian 6 Laidler, David E. W. 6 Asada, Tōichirō 5 Bordo, Michael D. 5 Chang, Roberto 5 Dimand, Robert W. 5 Flaschel, Peter 5 Goodhart, Charles A. E. 5 Gärtner, Manfred 5 Hofmann, Boris 5 Jung, Florian 5 King, Robert G. 5 McCallum, Bennett T. 5 Nelson, Edward 5 Stracca, Livio 5 Backhouse, Roger 4 Bhaskara Rao, Buddhavarapu 4 Casares, Miguel 4 Chen, Pu 4 Céspedes, Luis Felipe 4 Geanakoplos, John 4 Laser, Johannes 4 Lizarazu Alanez, Eddy 4 Mendoza Bellido, Waldo 4 Romer, David 4 Velasco, Andrés 4 Adilov, Zheksenbek M. 3 Ashimov, Abdykappar A. 3
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Institution
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National Bureau of Economic Research 7 Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 4 University of Western Ontario / Department of Economics 2 Banco Central do Brasil 1 Carleton University / Department of Economics 1 Centre de Recherche sur l'Emploi et les Fluctuations Économiques (CREFÉ), École des Sciences de la Gestion (ESG) 1 Conference on Theory and Evidence in Macroeconomics <1998, Bergamo> 1 Departamento de Economía, Pontificia Universidad Católica del Perú 1 Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft (ZBW) 1 Dipartimento di Scienze Economiche e Sociali, Facoltà di Economia "Giorgio Fuà" 1 Départment des sciences administratives, Université du Québec en Outaouais (UQO) 1 Ecole des hautes études commerciales <Lausanne> / Département d'économétrie et d'économie politique 1 Federal Reserve Bank of St. Louis 1 HOPE Conference <2003, Durham, NC> 1 Helmut-Schmidt-Universität/Universität der Bundeswehr Hamburg 1 ISM University of Management and Economics 1 Institut de Recherche Économique et Sociale (IRES), École des Sciences Économiques de Louvain 1 Pontifícia Universidade Católica do Rio de Janeiro / Departamento de Economia 1 School of Finance and Business Economics <Perth, Western Australia> 1 University of New South Wales / School of Economics 1 Università degli Studi di Milano / Dipartimento di Economia Politica e Aziendale 1 Università degli studi di Bergamo 1 Verlag Dr. Kovač 1 Vienna University of Economics and Business, Department of Economics 1
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Published in...
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History of Political Economy 11 Journal of macroeconomics 11 The IS-LM model : its rise, fall, and strange persistence : [essays from the HOPE Conference held 25 - 27 April 2003 at Duke University] 9 Das Wirtschaftsstudium : wisu ; Zeitschrift für Ausbildung, Prüfung, Berufseinstieg und Fortbildung 7 Europäische Hochschulschriften / 5 7 NBER Working Paper 7 NBER working paper series 7 Working paper / National Bureau of Economic Research, Inc. 7 Eastern economic journal 6 Economics letters 5 International advances in economic research : IAER ; an official publication of the International Atlantic Economic Society 5 Journal of money, credit and banking : JMCB 5 Applied economics 4 Australian economic papers 4 Discussion paper / Centre for Economic Policy Research 4 Discussion paper / School of Economics, The University of New South Wales 4 Keynesian economics, unemployment, and policy 4 MPRA Paper 4 Revue d'économie politique 4 Cambridge journal of economics 3 Documento de trabajo / Pontifícia Universidad Católica del Perú, Departamento de Economía 3 Ecological economics : the transdisciplinary journal of the International Society for Ecological Economics 3 History of political economy 3 Journal of post-Keynesian economics : JPKE 3 Metroeconomica : international review of economics 3 Revista Nicolaita de Estudios Económicos 3 Schriftenreihe Volkswirtschaftliche Forschungsergebnisse 3 Springer eBook Collection 3 SpringerLink / Bücher 3 The AS-AD debate 3 The American economist : journal of Omnicron Delta Epsilon, the International Honor Society in Economics 3 The European journal of the history of economic thought 3 The journal of economic education 3 Wirtschaftswissenschaftliches Studium : WiSt ; Zeitschrift für Studium und Forschung 3 Working papers / Department of Economics, Vienna University of Economics and Business Administration 3 Arbeiten aus dem Institut für Statistik und Ökonometrie der Christian-Albrechts-Universität Kiel 2 Cahiers lillois d'économie et de sociologie : CLES 2 Contributions to economics 2 Cowles Foundation discussion paper 2 De Gruyter Studium 2
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Source
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ECONIS (ZBW) 474 RePEc 30 USB Cologne (EcoSocSci) 8 EconStor 2 BASE 1
Showing 1 - 50 of 515
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The Euro area great inflation surge
Ascari, Guido; Bonomolo, Paolo; Hoeberichts, Marco; … - 2023
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014301258
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Identification robust empirical evidence on the open economy IS-curve
Haque, Qazi; Magnusson, Leandro M. - In: Oxford bulletin of economics and statistics 85 (2023) 2, pp. 345-372
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014304386
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Is-Lm and Monetarism
Bordo, Michael D.; Schwartz, Anna Jacobson - 2022
This paper discusses monetarist objections to the IS-LM model. We explore the views of two principal spokesmen for monetarism: Milton Friedman and the team of Karl Brunner and Allan Meltzer. Friedman did not explicitly state the reasons he generally chose not to use the IS-LM model in rejecting...
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Competitive vs cumulative approach in teaching macroeconomics : some thoughts on recent popular textbooks
Carnevali, Emilio - In: PSL quarterly review 75 (2022) 301, pp. 161-171
This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard's Macroeconomics (2021) and William Mitchell, Randall Wray and Martin Watts's Macroeconomics (2019). These...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013279920
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Teaching IS-LM macroeconomics through material balance diagrams
Thakurata, Indrajit; Thomas, Susmi - In: Advances in economics education 3 (2024) 1, pp. 76-105
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New Economic Theory : How Reality Surpasses Our Theoretical Models
Holle, Vinzenz von - 2024
Preface -- Introduction -- The unresolved deficiencies of the classical economic standard model and the failure of the theoretical model in practice -- Goods market -- Financial market -- Labor or service market -- The theory of the IS-LM curve and the IS-LM model -- Fundamental criticism of the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015075814
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It Is Not Possible to Fix the Misleading Analysis Contained in the History of Economic Thought Website of the Hicks -Hansen Version of the IS-LM Model If One Is Seeking to Grasp Keynes’s Own, Actual IS-LM Model Presented in Chapter 21 in Part IV on pp.298-299 of the General Theory that uses M=L(r,Y),not M=L(r)
Brady, Michael Emmett - 2021
Keynes’s IS-LM model in the General Theory, defined in (r,Y) space and contained in chapter 21 in Part IV on pp. 298-299 of the General Theory, was derived from the underlying D-Z model of Chapter 20 that incorporated expectations and uncertainty into the P(expected economic profits-Z) and...
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Is-Lm-Bp in the Pampas
Céspedes, Luis Felipe; Chang, Roberto; Velasco, Andrés - 2021
Emerging markets (sometimes endowed with fertile pampas) have limited access to world capital markets and suffer from original sin: they cannot borrow in their own currency. Does this mean that monetary and exchange rate policy has non-standard effects in such countries? We develop a simple...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013220514
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Keynesian Macroeconomics Without the Lm Curve
Romer, David - 2021
Changes in both the macroeconomy and in macroeconomics suggest that the IS-LM-AS model is no longer the best baseline model of short-run fluctuations for teaching and policy analysis. This paper presents an alternative model that replaces the assumption that the central bank targets the money...
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On J Nevile’s (2000) , 'What Keynes Would Have Thought of the Development of IS LM'. It Is An Oxymoron, Given that J M Keynes Himself, and only Keynes, Originally Developed the IS-LM Model between December, 1933 and February ,1936, when It Was Published in the General Theory in Chapter 21 in Part IV on pp. 298-299
Brady, Michael Emmett - 2021
Nevile writes that : “Thus, it is of considerable interest to speculate on what Keynes would have thought about the way ISLM became identified as "Keynesian" economics for most of the economics profession. We know, of course, what his first reaction to ISLM was in...
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The Lm Curve : A Not-so-Fond Farewell
Friedman, Benjamin M. - 2021
One of the most significant changes in monetary economics in recent years has been the virtual disappearance of what was once a dominant focus on money, and in parallel the disappearance of the LM curve as part of the analytical framework that economists use to think about issues of monetary...
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An Optimizing Is-Lm Framework with Endogenous Investment
Casares, Miguel; McCallum, Bennett T. - 2021
Dynamic optimizing models with an IS-LM-type structure and slow price adjustments have been used for much recent monetary policy analysis, but usually with capital and investment treated as exogenous a significant restriction. This paper demonstrates that investment decisions can be endogenized...
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Is the New Keynesian IS Curve Structural?
Stracca, Livio - 2021
There is already a small literature emphasising the empirical failure of the New Keynesian IS curve, but it is not yet known if this failure reflects empirical problems associated with small samples or is rather a structural weakness of the underlying model. To address this question, in this...
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Does Money Matter in the IS Curve? The Case of the UK
Jones, Barry E.; Stracca, Livio - 2021
Narrow and broad money measures (including Divisia aggregates) have been found to have explanatory power for UK output in backward-looking specifications of the IS curve. In this paper, we explore whether or not real balances enter into a forward-looking IS curve for the UK, building on the...
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On Econometric Analysis of Structural Systems with Permanent and Transitory Shocks and Exogenous Variables
Pagan, Adrian R.; Pesaran, M. Hashem - 2021
This paper considers the implications of the permanent/transitory decomposition of shocks for identification of structural models in the general case where the model might contain more than one permanent structural shock. It provides a simple and intuitive generalization of the influential work...
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Facing stagflation in the seventies in Italy : Fausto Vicarelli's economic policy proposals
Michelagnoli, Giovanni - In: History of economic thought and policy 12 (2023) 1, pp. 45-67
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On Some Possible Explanations for the Continuing Denial of the Existence of Keynes’s IS-LM Model in Section 4 of Chapter 21 of the General Theory : Propaganda (from Joan Robinson), Ignorance (of the Keynes-Harrod Correspondence in Volume 13 Of the CWJMK in Late 1935), Anchoring (on Keynes’s Mention of Robinson’s Name in the Preface to the General Theory), Groupthink, and Cognitive Dissonance
Brady, Michael Emmett - 2020
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012844785
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Investopedia Needs to Heavily Revise Its ‘IS-LM Model’ Paper
Brady, Michael Emmett - 2020
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012827844
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On Heterodox Attempts to Cover Up Joan Robinson’s Failure to Comprehend Keynes’s Liquidity Preference Theory of the Rate of Interest and Keynes’s IS-LM Model in Their Correspondence of September through November,1936
Brady, Michael Emmett - 2020
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New Version of IS-LM : Neoclassical Monetarism
Uysal, Gürhan - 2020
This study argues three policies for economies. The aim of those policies is to increase total demand by money supply. Global economy currently faces lack of money in markets and recession effect. First, neo-merchantalism is to use national currency in bilateral trade. Second, limited money...
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On Keynes’s Painstaking Slow Instruction of Harrod on the Technical Aspects of His IS-LM Model in July-September, 1935 : Harrod Only Finally Understood Keynes’s IS-LM Model After He Had Read the Postscript to Keynes’s Letter of August 27th, 1935 to Harrod
Brady, Michael Emmett - 2020
Keynes spent a tremendous amount of time and energy attempting to tutor Harrod on the mechanics of his IS-LM model between July to September, 1935. Keynes's painstaking slow attempts finally led Keynes in desperation to write a three point postscript to his letter of August, 1935, that is...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012840000
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J M Keynes’s IS-LM Model in Chapter 21 in Part IV of the General Theory on Pages 298–299 : Some Examples of Cognitive Dissonance Among Economists Attempting to Deal With Keynes’s Innovation in 1936 in 2018–2019
Brady, Michael Emmett - 2020
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Brunner versus Friedman: diverging aspirations for the monetarist project
Clerc, Pierrick; De Vroey, Michel - 2020
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Ten years later: Lessons for DSGE builders and Czech policy makers
Michl, Aleš - In: Review of Economic Perspectives 19 (2019) 3, pp. 159-174
We show an example of a small open economy - the Czech Republic - where the fiscal restriction was put in place between 2010 and 2013 in a negative output gap and zero lower bound on nominal interest rates. According to our results, such fiscal policy seems to have been mistaken, as the...
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On J. M. Keynes’s Application of His IS-LM (LP) Model in His Reply to Viner in His Article the General Theory of Employment in February, 1937 : Keynes Emphasized the Horizontal, Completely Elastic Range of the LM (LP) Curve
Brady, Michael Emmett - 2019
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There Was No IS-LM Enigma : Both Keynes’s IS-LM(LP) and D-Z Models of Chapters 20 and 21 Together Make Up Keynes’s General Theory
Brady, Michael Emmett - 2019
All of J .M .Keynes's earlier 1933-1935 versions of his IS-LM(LP) model contained a serious inconsistency. These earlier models all incorporated both actual and expected outcomes in the same model. The units did not match up. Keynes solved this problem by himself by splitting off the D-Z model...
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Hick’s Contribution to the Development of the IS-LM Model Was Limited to Drawing the IS-LM Figure or Diagram : Keynes Was the Originator and Theoretical Developer Who Presented the Complete IS-LM(LP) Model, Supported by the D-Z Model, in the General Theory on pages 298-303 in Section Four of Chapter 21
Brady, Michael Emmett - 2019
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Keynes's Section 8 of Chapter 12 of the General Theory Completely Refutes Shackle's Unknowledge Definition of Uncertainty, His Attack on IS-LM and All 'Chapter 12' Types of Keynesianism
Brady, Michael Emmett - 2019
Shackle's attempt to completely redefine Keynes's definition of uncertainty in chapter 12 of the General Theory, which was that uncertainty is an inverse function of the weight of the evidence as discussed in chapters 6 and 26 of the A Treatise on Probability, as unknowledge (no knowledge of the...
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Comparing and Contrasting Keynes’s Verbal, Literary, English Prose Version of His Is-Lm(lp) Model in Chapter 18 of the General Theory With His Mathematical Version of Is-Lm(lp) in Chapter 21 of the General Theory
Brady, Michael Emmett - 2019
Keynes provided two versions of his IS-LM(LP) model in the General Theory. The first version was the verbal, English, literary, prose version contained in chapter 18 of the General Theory. This version was targeted for economists, such as Joan Robinson and Dennis Robertson, who could not grasp a...
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Comparing the Original 1933, IS-LM (LP) Model of Keynes With the Advanced Version of February, 1936 Contained in Chapter 21 of the General Theory
Brady, Michael Emmett - 2019
Keynes's original IS-LM (LP) model of 1933, although a major conceptual breakthrough, was technically and mathematically flawed because Keynes incorporated realized and expected variables in the same set of equations.Keynes had solved this problem by early 1936 by formulating a completely new...
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On the Style Used by Keynes in Presenting His IS-LM(LP) Model in Chapter 21 of the General Theory : Literary Prose, Formal Mathematics or Both?
Brady, Michael Emmett - 2019
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Ten years later: lessons for DSGE builders and Czech policy makers
Michl, Aleš - In: Národohospodářský obzor : časopis věnovaný … 19 (2019) 3, pp. 159-174
We show an example of a small open economy - the Czech Republic - where the fiscal restriction was put in place between 2010 and 2013 in a negative output gap and zero lower bound on nominal interest rates. According to our results, such fiscal policy seems to have been mistaken, as the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012131468
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Introduction to Mathematics for Economics with R
Porto, Massimiliano - 2022
1. Introduction to R -- 2. Linear Algebra -- 3. Functions of one variable -- 4. Dierential Calculus -- 5. Integral Calculus -- 6. Multivariable Calculus -- 7. Constrained Optimization -- 8. Trigonometry -- 9. Complex numbers -- 10. Difference equations -- 11. Differential equations.
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Reinterpreting Mr. Keynes : The IS-LM Enigma Revisited
Young, Warren; Fuller, Edward W. - 2022
Introduction, Keynes’s Own IS-LM Approach -- Prologue to Keynes’s IS-LM, 1930 to 1932 -- The Advent of Keynes’s IS-LM, 1933 -- “The Missing Link”: Keynes’s Own Lecture Notes, December 4, 1933, Impact and Implications -- Reconstructing Keynes’s IS-LM Approach, 1931 to 1937 --...
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An economical business-cycle model
Michaillat, Pascal; Saez, Emmanuel - In: Oxford economic papers 74 (2022) 2, pp. 382-411
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Keynes’s IS-LM Model Was Not Meant to Be a Toy for Academic Economists to Play With or ‘Perform Their Accustomed Tricks’ (Hicks)
Brady, Michael Emmett - 2018
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On Hicks's Own, Explicit Acknowledgment, Made in His 1937 Econometrica Article, That It Was J M Keynes Who Had First Presented an IS-LM Model in the General Theory : Hick's Model Was Only a Slight Improvement
Brady, Michael Emmett - 2018
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Keynes Versus Robertson in 1936–1937 : Robertson’s Mathematical Illiteracy Prevented Him From Understanding Keynes’s Is-Lm(lp) Model in the General Theory
Brady, Michael Emmett - 2018
J. M. Keynes versus D. Robertson in 1936-37 pits two opponents, one, J. M. Keynes, a highly skilled, sophisticated, mathematically advanced thinker against another, D. Robertson, who doesn't have even an elementary background in mathematics at the grammar school level. Basically, the...
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Keynes’s IS-LM(LP) Model Was Complementary with Keynes’s Aggregate Demand(D)-Aggregate Supply(Z) Model : They Were Never Rival Models
Brady, Michael Emmett - 2018
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Keynes's March 31, 1937 Message to Hicks About the IS-LM Model : 'At One Time I Tried the Equations, as You Have Done, with I in All of Them'
Brady, Michael Emmett - 2018
Keynes told Hicks very clearly on March 31st, 1937 that Keynes had already done what Hicks had done on page 156 of his 1937 Econometrica paper, which was to add Aggregate Actual Income I (Keynes's Y) into the three equation set comprising Hicks's later version of Keynes's IS-LM model. However,...
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On the Hicks and the Hicks–Hansen Myths About the Creation of the IS-LM Model : How Did it Happen?
Brady, Michael Emmett - 2018
Keynes brought all three of the universally recognized elements that are needed to comprise the IS-LM model, the liquidity preference function, the investment function, and investment multiplier, together in Section Four of Chapter 21 of the General Theory. However, this took place only after...
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Hansen's Mistaken View on Keynes's Creation of the IS-LM Model : Where Hansen Went Wrong
Brady, Michael Emmett - 2018
A.Hansen essentially went wrong in his evaluation of Keynes's work in the General Theory (GT;1936) that dealt with the Liquidity Preference function in chapters 13,14,15,and 21.His basic error occurs when he evaluates Keynes's chapter 14 analysis on pp.179-183 that dealt with the fact that the...
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J M Keynes’s 1937 Refutation of the Claim That Hicks–Hansen (and Others) Saved Keynes’s General Theory by the Development of the IS-LM Model in His ‘Professor Pigou on Money Wage Rates in Relation to Unemployment’
Brady, Michael Emmett - 2018
The myth or story regarding the creation of the IS-LM model in the economics profession goes something like this. Keynes correctly showed in the General Theory that you could not specify the rate of interest just from the supply of savings and demand for investment schedules alone because this...
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Comparing the Mathematical Structure of W. Brian Reddaway's IS-LM Model Contained in His 1936 Economic Record Review of Keynes's General Theory with Keynes's December, 1933 IS-LP(LM) Model and Keynes's IS-LP(LM) Model in Sections IV to VI of Chapter 21 of the General Theory
Brady, Michael Emmett - 2018
W Brian Reddaway's IS-LM model ,contained in his 1936 Economic Record paper that reviewed the General Theory, is inferior to both the original December, 1933 Keynes model, originally presented to his students, that Keynes updated in November, 1935 and the 1936 IS-LP(LM) model that Keynes briefly...
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Keynes on Uncertainty and His IS-LM Model in the 1937 Quarterly Journal of Economics Reply : There Never Was Any Conflict between Keynes's Definition of Uncertainty and Keynes's IS-LM Model
Brady, Michael Emmett - 2018
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Reconsideration of the IS-LM model and limitations of monetary policy : a Tobin-Minsky model
Watanabe, Toshio - In: Evolutionary and institutional economics review 18 (2021) 1, pp. 103-129
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Keynesian Macroeconomics without the LM Curve : IS-MP-IA Model and Taylor Rule Applied to Some CESEE Economies
Josheski, Dushko - 2017
Applying IS-MP-IA model and the Taylor rule, this study finds that for selected CESEE economies (Albania, Bosnia and Herzegovina, Macedonia and Serbia), lower expected inflation rate, real exchange rate appreciation, a lower world interest rate which is calculated like a federal funds rate minus...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012973485
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J M Keynes's Assessment of the Strengths and Weaknesses of his IS-LM Model in Chapter 21 of the General Theory : Comparing this Assessment with his 1937 Quarterly Journal of Economics Article
Brady, Michael Emmett - 2017
Keynes made a final reassessment of his chapter 15, Section IV simultaneous, four equation IS-LM model in Section IV of chapter 21 of the General Theory that is duplicated in his 1937 Quarterly Journal of Economics article . In his 1937 reply, his summary of the two main reasons for his...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012950753
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The Foundations of J M Keynes's IS-LM Model in Chapter 15 of the General Theory : Keynes's D-Z Model of Chapters 20 and 21
Brady, Michael Emmett - 2017
F. Modigliani presented a special case of Keynes's General Theory result in 1944 in his “Liquidity Preference and the Theory of Interest and Money”. Modigliani sought to provide the IS-LM model of Hicks's 1937 Econometrica interpretation of Keynes's chapter 15 IS-LM model with microeconomic...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012951951
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Completing D. Patinkin's Partially Correct, Incomplete Assessment of J M Keynes's Role as the Creator in the Development of the IS-LM Model
Brady, Michael Emmett - 2017
Patinkin came very, very close in 1987 to discovering for himself that Keynes,not Hicks, was the creator and developer of IS-LM. Unfortunately, he stopped his analysis right at the point where he could have established Keynes's priority over Hicks.On pp.180-181 in chapter 14 of the GT,Keynes...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012954371
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