Search Results - subject:"IS LM Model"

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...

Persistent link: https://www.econbiz.de/10012830969

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 H...

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 … (1936) was that Pigou had no IS-LM model.The critical problem is that Harrod, starting with his January,1937 Econometrica … article, sought to cover up Keynes's IS-LM model, just as he attempted to cover up Keynes's multiplier – accelerator model …

Persistent link: https://www.econbiz.de/10012840000

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 I...

Brady, Michael Emmett - 2020

Persistent link: https://www.econbiz.de/10012841982

Brunner versus Friedman: diverging aspirations for the monetarist project

Clerc, Pierrick; De Vroey, Michel - 2020

Persistent link: https://www.econbiz.de/10012429330

Ten years later: Lessons for DSGE builders and Czech policy makers

Michl, Aleš - In: Review of Economic Perspectives 19 (2019) 3, pp. 159-174

mathematically from the IS-LM model that expansionary fiscal policy acting via higher government investment can be an appropriate …

Persistent link: https://www.econbiz.de/10012384124

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

Persistent link: https://www.econbiz.de/10012894743

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...

Persistent link: https://www.econbiz.de/10012895943

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...

Brady, Michael Emmett - 2019

Persistent link: https://www.econbiz.de/10012896721

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...

Persistent link: https://www.econbiz.de/10012896971

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

economics profession's failure to grasp Keynes's IS-LM model since 1936 is based on a group think approach that is combined with … Richard Kahn actually worked with J M Keynes on the writing the General Theory, their claim, that there is no IS-LM model in …

Persistent link: https://www.econbiz.de/10012870801