Policy Effectiveness and the Slopes of IS and LM Curves: A Graphical Analysis
The "IS-LM" model provides the typical textbook framework to analyze the characteristics of the economy that determine the effectiveness of monetary and fiscal policy. The author provides a graphical analysis that is designed to clear up the confusion induced by misleading statements in se...
Gespeichert in:
| Veröffentlicht in: | The Journal of economic education 2000, Vol.31 (4), p.374-381 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 381 |
|---|---|
| container_issue | 4 |
| container_start_page | 374 |
| container_title | The Journal of economic education |
| container_volume | 31 |
| creator | Revier, Charles F. |
| description | The "IS-LM" model provides the typical textbook framework to analyze the characteristics of the economy that determine the effectiveness of monetary and fiscal policy. The author provides a graphical analysis that is designed to clear up the confusion induced by misleading statements in several major macroeconomics textbooks. |
| doi_str_mv | 10.1080/00220480009596455 |
| format | Article |
| fullrecord | <record><control><sourceid>jstor_proqu</sourceid><recordid>TN_cdi_proquest_journals_235266363</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><ericid>EJ651319</ericid><jstor_id>1183151</jstor_id><sourcerecordid>1183151</sourcerecordid><originalsourceid>FETCH-LOGICAL-c493t-2dca12519dff31da4a602015ef46af20f2b4f793831000bb978b1424d486c9853</originalsourceid><addsrcrecordid>eNqFkF9v0zAUxS3EJErhAyDxYMFeA77-lxjxUlVlbOoE0uDZchNbdZXGwU4L-fa4CwKkadvDtS2f3zm-vgi9AvIOSEXeE0Ip4RUhRAkluRBP0IyCoAUnsnqKZie9yIB4hp6ntMsc5ZzO0PXX0Pp6xCvnbD34o-1sSth0DR62Ft-0obcJB4cvb24v19d4eYhHmz7gBb6Ipt_62rR40Zl2TD69QGfOtMm-_LPP0fdPq2_Lz8X6y8XlcrEuaq7YUNCmNkAFqMY5Bo3hRhJKQFjHpXGUOLrhrlSsYpAb3WxUWW2AU97wStaqEmyO3ky5fQw_DjYNehcOMTeRNGWCSskky9Db-yBgRJSqBMozBRNVx5BStE730e9NHDUQfRqtvjPa7LmaPNH2tv5r2Fl7-0Krj5oZBnkZc9HszJvPxXP1J63Mpwr0dtjnsNdTmI3-X9bqSgpgoLJ8Psm7NIT4f3OUkVID5CFlco4-TpjvXIh78zPEttGDGdsQXTRd7ZNmD_2ofNR-x6WHXwP7DdDJupI</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1305797124</pqid></control><display><type>article</type><title>Policy Effectiveness and the Slopes of IS and LM Curves: A Graphical Analysis</title><source>Jstor Complete Legacy</source><source>RePEc</source><source>Education Source</source><source>Business Source Complete</source><source>Periodicals Index Online</source><creator>Revier, Charles F.</creator><creatorcontrib>Revier, Charles F.</creatorcontrib><description>The "IS-LM" model provides the typical textbook framework to analyze the characteristics of the economy that determine the effectiveness of monetary and fiscal policy. The author provides a graphical analysis that is designed to clear up the confusion induced by misleading statements in several major macroeconomics textbooks.</description><identifier>ISSN: 0022-0485</identifier><identifier>EISSN: 2152-4068</identifier><identifier>DOI: 10.1080/00220480009596455</identifier><identifier>CODEN: JEEDBN</identifier><language>eng</language><publisher>Washington, D.C., etc: Taylor & Francis Group</publisher><subject>Calculus ; Causal Models ; Content Articles in Economics ; Course Content ; Economic elasticity ; Economic growth ; Economic policy ; Economics ; Economics Education ; Educational Practices ; Elasticity of demand ; Expenditures ; Financial economics ; Financial Policy ; Fiscal policy ; GDP ; Gross Domestic Product ; Higher Education ; Income elasticity of demand ; Interest rates ; Macroeconomics ; Market equilibrium ; Monetary policy ; Monetary theory ; Money demand ; Money supply ; Price elasticity of supply ; Textbook Content ; Textbooks</subject><ispartof>The Journal of economic education, 2000, Vol.31 (4), p.374-381</ispartof><rights>Copyright Taylor & Francis Group, LLC 2000</rights><rights>Copyright 2000 Helen Dwight Reid Educational Foundation</rights><rights>Copyright HELDREF PUBLICATIONS Fall 2000</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c493t-2dca12519dff31da4a602015ef46af20f2b4f793831000bb978b1424d486c9853</citedby><cites>FETCH-LOGICAL-c493t-2dca12519dff31da4a602015ef46af20f2b4f793831000bb978b1424d486c9853</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/1183151$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/1183151$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,776,780,799,3993,4009,27848,27902,27903,27904,57995,58228</link.rule.ids><backlink>$$Uhttp://eric.ed.gov/ERICWebPortal/detail?accno=EJ651319$$DView record in ERIC$$Hfree_for_read</backlink><backlink>$$Uhttp://econpapers.repec.org/article/jeejournl/v_3a31_3ay_3a2000_3ai_3a4_3ap_3a374-381.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Revier, Charles F.</creatorcontrib><title>Policy Effectiveness and the Slopes of IS and LM Curves: A Graphical Analysis</title><title>The Journal of economic education</title><description>The "IS-LM" model provides the typical textbook framework to analyze the characteristics of the economy that determine the effectiveness of monetary and fiscal policy. The author provides a graphical analysis that is designed to clear up the confusion induced by misleading statements in several major macroeconomics textbooks.</description><subject>Calculus</subject><subject>Causal Models</subject><subject>Content Articles in Economics</subject><subject>Course Content</subject><subject>Economic elasticity</subject><subject>Economic growth</subject><subject>Economic policy</subject><subject>Economics</subject><subject>Economics Education</subject><subject>Educational Practices</subject><subject>Elasticity of demand</subject><subject>Expenditures</subject><subject>Financial economics</subject><subject>Financial Policy</subject><subject>Fiscal policy</subject><subject>GDP</subject><subject>Gross Domestic Product</subject><subject>Higher Education</subject><subject>Income elasticity of demand</subject><subject>Interest rates</subject><subject>Macroeconomics</subject><subject>Market equilibrium</subject><subject>Monetary policy</subject><subject>Monetary theory</subject><subject>Money demand</subject><subject>Money supply</subject><subject>Price elasticity of supply</subject><subject>Textbook Content</subject><subject>Textbooks</subject><issn>0022-0485</issn><issn>2152-4068</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2000</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><sourceid>HYQOX</sourceid><sourceid>K30</sourceid><sourceid>~OU</sourceid><sourceid>~OW</sourceid><sourceid>8G5</sourceid><sourceid>BEC</sourceid><sourceid>BENPR</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNqFkF9v0zAUxS3EJErhAyDxYMFeA77-lxjxUlVlbOoE0uDZchNbdZXGwU4L-fa4CwKkadvDtS2f3zm-vgi9AvIOSEXeE0Ip4RUhRAkluRBP0IyCoAUnsnqKZie9yIB4hp6ntMsc5ZzO0PXX0Pp6xCvnbD34o-1sSth0DR62Ft-0obcJB4cvb24v19d4eYhHmz7gBb6Ipt_62rR40Zl2TD69QGfOtMm-_LPP0fdPq2_Lz8X6y8XlcrEuaq7YUNCmNkAFqMY5Bo3hRhJKQFjHpXGUOLrhrlSsYpAb3WxUWW2AU97wStaqEmyO3ky5fQw_DjYNehcOMTeRNGWCSskky9Db-yBgRJSqBMozBRNVx5BStE730e9NHDUQfRqtvjPa7LmaPNH2tv5r2Fl7-0Krj5oZBnkZc9HszJvPxXP1J63Mpwr0dtjnsNdTmI3-X9bqSgpgoLJ8Psm7NIT4f3OUkVID5CFlco4-TpjvXIh78zPEttGDGdsQXTRd7ZNmD_2ofNR-x6WHXwP7DdDJupI</recordid><startdate>2000</startdate><enddate>2000</enddate><creator>Revier, Charles F.</creator><general>Taylor & Francis Group</general><general>Heldref Publications</general><general>Helen Dwight Reid Foundation</general><general>Helen Dwight Reid Educational Foundation, etc</general><general>Taylor & Francis Inc</general><scope>7SW</scope><scope>BJH</scope><scope>BNH</scope><scope>BNI</scope><scope>BNJ</scope><scope>BNO</scope><scope>ERI</scope><scope>PET</scope><scope>REK</scope><scope>WWN</scope><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>ABKTN</scope><scope>HNJIA</scope><scope>HYQOX</scope><scope>JSICY</scope><scope>K30</scope><scope>PAAUG</scope><scope>PAWHS</scope><scope>PAWZZ</scope><scope>PAXOH</scope><scope>PBHAV</scope><scope>PBQSW</scope><scope>PBYQZ</scope><scope>PCIWU</scope><scope>PCMID</scope><scope>PCZJX</scope><scope>PDGRG</scope><scope>PDWWI</scope><scope>PETMR</scope><scope>PFVGT</scope><scope>PGXDX</scope><scope>PIHIL</scope><scope>PISVA</scope><scope>PJCTQ</scope><scope>PJTMS</scope><scope>PLCHJ</scope><scope>PMHAD</scope><scope>PNQDJ</scope><scope>POUND</scope><scope>PPLAD</scope><scope>PQAPC</scope><scope>PQCAN</scope><scope>PQCMW</scope><scope>PQEME</scope><scope>PQHKH</scope><scope>PQMID</scope><scope>PQNCT</scope><scope>PQNET</scope><scope>PQSCT</scope><scope>PQSET</scope><scope>PSVJG</scope><scope>PVMQY</scope><scope>PZGFC</scope><scope>~OU</scope><scope>~OW</scope><scope>0-V</scope><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>88B</scope><scope>8A4</scope><scope>8AO</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>CJNVE</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>L.0</scope><scope>M0C</scope><scope>M0P</scope><scope>M2O</scope><scope>MBDVC</scope><scope>PADUT</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEDU</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>PYYUZ</scope><scope>Q9U</scope><scope>S0X</scope></search><sort><creationdate>2000</creationdate><title>Policy Effectiveness and the Slopes of IS and LM Curves: A Graphical Analysis</title><author>Revier, Charles F.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c493t-2dca12519dff31da4a602015ef46af20f2b4f793831000bb978b1424d486c9853</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2000</creationdate><topic>Calculus</topic><topic>Causal Models</topic><topic>Content Articles in Economics</topic><topic>Course Content</topic><topic>Economic elasticity</topic><topic>Economic growth</topic><topic>Economic policy</topic><topic>Economics</topic><topic>Economics Education</topic><topic>Educational Practices</topic><topic>Elasticity of demand</topic><topic>Expenditures</topic><topic>Financial economics</topic><topic>Financial Policy</topic><topic>Fiscal policy</topic><topic>GDP</topic><topic>Gross Domestic Product</topic><topic>Higher Education</topic><topic>Income elasticity of demand</topic><topic>Interest rates</topic><topic>Macroeconomics</topic><topic>Market equilibrium</topic><topic>Monetary policy</topic><topic>Monetary theory</topic><topic>Money demand</topic><topic>Money supply</topic><topic>Price elasticity of supply</topic><topic>Textbook Content</topic><topic>Textbooks</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Revier, Charles F.</creatorcontrib><collection>ERIC</collection><collection>ERIC (Ovid)</collection><collection>ERIC</collection><collection>ERIC</collection><collection>ERIC (Legacy Platform)</collection><collection>ERIC( SilverPlatter )</collection><collection>ERIC</collection><collection>ERIC PlusText (Legacy Platform)</collection><collection>Education Resources Information Center (ERIC)</collection><collection>ERIC</collection><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>Periodicals Archive Online JSTOR Titles</collection><collection>Periodicals Index Online Segment 20</collection><collection>ProQuest Historical Periodicals</collection><collection>Periodicals Index Online Segment 36</collection><collection>Periodicals Index Online</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - West</collection><collection>Primary Sources Access (Plan D) - International</collection><collection>Primary Sources Access & Build (Plan A) - MEA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Midwest</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Northeast</collection><collection>Primary Sources Access (Plan D) - Southeast</collection><collection>Primary Sources Access (Plan D) - North Central</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Southeast</collection><collection>Primary Sources Access (Plan D) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - UK / I</collection><collection>Primary Sources Access (Plan D) - Canada</collection><collection>Primary Sources Access (Plan D) - EMEALA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - North Central</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - International</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - International</collection><collection>Primary Sources Access (Plan D) - West</collection><collection>Periodicals Index Online Segments 1-50</collection><collection>Primary Sources Access (Plan D) - APAC</collection><collection>Primary Sources Access (Plan D) - Midwest</collection><collection>Primary Sources Access (Plan D) - MEA</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - Canada</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - UK / I</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - EMEALA</collection><collection>Primary Sources Access & Build (Plan A) - APAC</collection><collection>Primary Sources Access & Build (Plan A) - Canada</collection><collection>Primary Sources Access & Build (Plan A) - West</collection><collection>Primary Sources Access & Build (Plan A) - EMEALA</collection><collection>Primary Sources Access (Plan D) - Northeast</collection><collection>Primary Sources Access & Build (Plan A) - Midwest</collection><collection>Primary Sources Access & Build (Plan A) - North Central</collection><collection>Primary Sources Access & Build (Plan A) - Northeast</collection><collection>Primary Sources Access & Build (Plan A) - South Central</collection><collection>Primary Sources Access & Build (Plan A) - Southeast</collection><collection>Primary Sources Access (Plan D) - UK / I</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - APAC</collection><collection>Primary Sources Access—Foundation Edition (Plan E) - MEA</collection><collection>Periodicals Archive Online Collection 2</collection><collection>Periodicals Archive Online Collection 2.2</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>Global News & ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>Education Database (Alumni Edition)</collection><collection>Education Periodicals</collection><collection>ProQuest Pharma Collection</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>ProQuest Central Essentials</collection><collection>eLibrary</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>Education Collection</collection><collection>ProQuest Central Korea</collection><collection>Business Premium Collection (Alumni)</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>ABI/INFORM Global</collection><collection>Education Database</collection><collection>Research Library</collection><collection>Research Library (Corporate)</collection><collection>Research Library China</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Education</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>ABI/INFORM Collection China</collection><collection>ProQuest Central Basic</collection><collection>SIRS Editorial</collection><jtitle>The Journal of economic education</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Revier, Charles F.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><ericid>EJ651319</ericid><atitle>Policy Effectiveness and the Slopes of IS and LM Curves: A Graphical Analysis</atitle><jtitle>The Journal of economic education</jtitle><date>2000</date><risdate>2000</risdate><volume>31</volume><issue>4</issue><spage>374</spage><epage>381</epage><pages>374-381</pages><issn>0022-0485</issn><eissn>2152-4068</eissn><coden>JEEDBN</coden><abstract>The "IS-LM" model provides the typical textbook framework to analyze the characteristics of the economy that determine the effectiveness of monetary and fiscal policy. The author provides a graphical analysis that is designed to clear up the confusion induced by misleading statements in several major macroeconomics textbooks.</abstract><cop>Washington, D.C., etc</cop><pub>Taylor & Francis Group</pub><doi>10.1080/00220480009596455</doi><tpages>8</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0022-0485 |
| ispartof | The Journal of economic education, 2000, Vol.31 (4), p.374-381 |
| issn | 0022-0485 2152-4068 |
| language | eng |
| recordid | cdi_proquest_journals_235266363 |
| source | Jstor Complete Legacy; RePEc; Education Source; Business Source Complete; Periodicals Index Online |
| subjects | Calculus Causal Models Content Articles in Economics Course Content Economic elasticity Economic growth Economic policy Economics Economics Education Educational Practices Elasticity of demand Expenditures Financial economics Financial Policy Fiscal policy GDP Gross Domestic Product Higher Education Income elasticity of demand Interest rates Macroeconomics Market equilibrium Monetary policy Monetary theory Money demand Money supply Price elasticity of supply Textbook Content Textbooks |
| title | Policy Effectiveness and the Slopes of IS and LM Curves: A Graphical Analysis |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-27T06%3A47%3A21IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-jstor_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Policy%20Effectiveness%20and%20the%20Slopes%20of%20IS%20and%20LM%20Curves:%20A%20Graphical%20Analysis&rft.jtitle=The%20Journal%20of%20economic%20education&rft.au=Revier,%20Charles%20F.&rft.date=2000&rft.volume=31&rft.issue=4&rft.spage=374&rft.epage=381&rft.pages=374-381&rft.issn=0022-0485&rft.eissn=2152-4068&rft.coden=JEEDBN&rft_id=info:doi/10.1080/00220480009596455&rft_dat=%3Cjstor_proqu%3E1183151%3C/jstor_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1305797124&rft_id=info:pmid/&rft_ericid=EJ651319&rft_jstor_id=1183151&rfr_iscdi=true |