In defence of IS-LM
The author offers a defence of the IS-LM diagram, first developed by Hicks and recently criticised by some as a misleading analytical device. JEL: E12
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Veröffentlicht in: | PSL quarterly review 2013-10, Vol.43 (172) |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | The author offers a defence of the IS-LM diagram, first developed by Hicks and recently criticised by some as a misleading analytical device. JEL: E12 |
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ISSN: | 2037-3635 2037-3643 |
DOI: | 10.13133/2037-3643/10671 |