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Une macroéconomie sans LM ?. Un modèle de synthèse pour l'analyse des politiques conjoncturelles

Patrick Villieu ()

Revue d'économie politique, 2004, vol. 114, issue 3, 289-322

Abstract: This paper presents a pedagogical neokeynesian model without the LM curve. Standard IS-LM Features are present, like multiplier analysis, liquidity trap or Mundell-Fleming results. Furthermore, the distinction between inflation determination and price-level determinatiuon is completed, in link with microfoundations.

Keywords: monetary policy; IS-M; price level determination (search for similar items in EconPapers)
Date: 2004
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