Search Results - subject:"IS/LM"

A new Keynesian open economy model for policy analysis

Carlin, Wendy; Soskice, David W. - 2010

Persistent link: https://www.econbiz.de/10008668197

New Keynesian DSGE models and the IS-LM paradigm

Größl, Ingrid; Fritsche, Ulrich - 2010

New Keynesian DSGE models propose a dynamic and expectational version of the old IS-LM paradigm. Acknowledging that the …In Neukeynesianischen Modellen wird eine dynamische und mit Erwartungen angereicherte Version des IS-LM …

Persistent link: https://www.econbiz.de/10009304901

Animal spirits, persistent unemployment and the belief function

Farmer, Roger E. A. - 2010

"This paper presents a theory of the monetary transmission mechanism in an old-Keynesian model with multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model; the optimizing IS curve and the policy rule. It differs from the new-Keynesian model by...

Persistent link: https://www.econbiz.de/10008796416

Stocks and flows in macroeconomics

Wildi, Théodore - 2010

Persistent link: https://www.econbiz.de/10008841455

Animal spirits, persistent unemployment and the belief function

Farmer, Roger E. A. - 2010

This paper presents a theory of the monetary transmission mechanism in an old-Keynesian model with multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model; the optimizing IS curve and the policy rule. It differs from the new-Keynesian model by...

Persistent link: https://www.econbiz.de/10008737779