Money Multipliers and the Slopes of IS and LM: Comment

This theoretical model investigates the implications of the slopes of LM curves and positively sloped IS curves for the size of policy multipliers. It is shown that the effectiveness of monetary policy is greater if the slope of the IS curve is greater. It also is shown that fiscal policy effectiveness is greater the flatter the LM curve is.

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Year of publication:	1984-01-30
Authors:	Cebula, Richard
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	positively sloped IS curve \| monetary policy effectiveness \| fiscal policy effectiveness \| public finance

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Notes:	Published in Southern Economic Journal 3.51(1985): pp. 906-908
Classification:	E51 - Money Supply; Credit; Money Multipliers ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; G18 - Government Policy and Regulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011112287