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Showing posts with label IS-LM. Show all posts
Showing posts with label IS-LM. Show all posts
Tuesday, December 20, 2016

Lars P. Syll — The non-existence of Paul Krugman’s ‘Keynes/Hicks macroeconomic theory’

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Paul Krugman = Not Keynes and Not Hicks. Lars P. Syll’s Blog The non-existence of Paul Krugman’s ‘Keynes/Hicks macroeconomic theory’ Lars...
1 comment:
Tuesday, September 6, 2016

Lars P. Syll — Hicks’ misrepresentation of Keynes — the Wicksellian connection

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Having read my post on Krugman and Hicks’ IS-LM misrepresentation of Keynes’ theory, professor Jan Kregel kindly sent an unpublished artic...
2 comments:
Tuesday, June 21, 2016

Sandwichman — The Iatrogenic and Incoherent "Theory" of Flexibility

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Sandwichman hits it out of the park. Contains some choice references. EconoSpeak The Iatrogenic and Incoherent "Theory" of Flexibi...
Thursday, May 26, 2016

Kimball Corson — A Note on Liquidity Preference

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Short summary of the liquidity trap. Wandering the Oceans: SailBlogs A Note on Liquidity Preference Kimball Corson
Friday, November 13, 2015

David Glasner — Thinking about Interest and Irving Fisher

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Economic history and the theory of interest. There's a lot packed into this post. Uneasy Money Thinking about Interest and Irving F...
1 comment:
Sunday, October 25, 2015

Lars P. Syll — Did Keynes ‘accept’ the IS-LM model?

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Why the IS-LM "gadget" is not a summary of the General Theory. The post mentions that Keynes provided his own summary in a 19...
1 comment:
Sunday, October 11, 2015

Simon Wren-Lewis — One reason why monetary policy is preferred by New Keynesians

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The interest rate variable as tool. Does it work the way monetarists assume in affecting the IS-LM model? Mainly Macro One reason why mone...
1 comment:
Tuesday, May 19, 2015

Roger Farmer — Thought for the Day: Animal Spirits as a New Fundamental

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In IS-LM models there is always something in the background shifting the IS curve. What is it? In my view that 'something' is K...
12 comments:
Friday, September 12, 2014

Matias Vernengo — Krugman is actually right on ISLM and Minsky

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I tend to disagree a lot with Krugman, at least on theoretical issues. His brand of Keynesianism supposes that the system doesn't work ...

Lars P. Syll — Krugman & DeLong are still wrong on Minsky and IS-LM

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Esteemed colleagues Paul Krugman and Brad DeLong were not exactly überjoyed over my post Minsky on the IS-LM obfuscation, where I was quoti...
Tuesday, June 24, 2014

Lord Keynes — Keynes’ Letters to John Hicks and IS-LM

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So Keynes did have reservations about the model’s ability to incorporate expectations, and also about loanable funds theory. Social Democr...
Monday, June 23, 2014

Matias Vernengo — ISLM, ISMP, DSGE and other models

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Matias Vernengo begs to differ, holding that ISLM (and its variants) is one of the most useful economic models with respect to explaining po...
Sunday, June 22, 2014

Lars P. Syll — Did Keynes accept the IS-LM model?

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Six reasons why not. Lars Syll's Blog Did Keynes accept the IS-LM model? Lars P. Syll | Professor, Malmo University
Thursday, March 27, 2014

Philip Pilkington — Krugman Uses ISLM to Proclaim Looming Fiscal Crisis, Denounces Those Who Don’t Use ISLM

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Phil takes down Paul Krugman as a faux-liberal and an economist with a poor record at prediction. Fixing the Economists Krugman Uses IS...
21 comments:

Merijn Knibbe — Using the IS-LM model by adding institutional ‘detail’ (1 graph)

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If you are into IS-LM, another view. Real-World Economics Review Blog Using the IS-LM model by adding institutional ‘detail’ (1 graph) Mer...
Wednesday, March 26, 2014

Edward Lambert — Institutionalist Economics did not come up short

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Krugman's back at it: "No model." Edward Lambert calls him out on it. There are two fundamental types of conceptual mode...
3 comments:
Tuesday, March 25, 2014

Lars P. Syll — IS-LM vs. Minsky

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IS-LM vs. Minsky Lars P. Syll | Professor, Malmo University Important in terms of philosophy of science, philosophy of social scien...
Tuesday, December 3, 2013

Lars P. Syll — What’s wrong with IS-LM?

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Yesterday David Fields — of Naked Keynesianism — wondered what was my position on the fact that some  heterodox economists would consider ...
Monday, December 2, 2013

Matias Vernengo — ISLM: a further explanation and a defense

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The problem with mainstream theory is the notion of a natural rate, which is based on the principle of substitution which allows for 'f...
Tuesday, November 5, 2013

Steve Keen — Paul Krugman: “IS-LM (with endogenous money)”

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Huh? “extended IS-LM (with endoge­nous money)”??? Paul has of course exposited on and pro­moted IS-LM many times in the past. But “with end...
6 comments: