[PDF][PDF] How well does the IS-LM model fit in a developing economy: The case of India

M Ahmed - International Journal of Applied Economics, 2005 - academia.edu
The IS-LM model, as a vehicle for policy analysis, has a substantial influence on the policy
makers and academicians. Like the developed countries, the IS-LM framework remains …

An ISLM model for zimbabwe and macroeconomic policy implications

L Mlambo - International Journal of Research in Social Sciences, 2013 - indianjournals.com
This study constructs a partially open macroeconomic model (ISLM model) for Zimbabwe,
which takes into account imports and exports. By simultaneous-equation approaches, the …

The is curve and monetary policy transmission in India: a new Keynesian perspective

B Salunkhe, A Patnaik - Margin: The Journal of Applied …, 2018 - journals.sagepub.com
The present study assesses the empirical performance of the new Keynesian IS model by
estimating the standard as well as extended specifications of both the backward-looking and …

Old, New and Post Keynesian Perspectives on the IS-LM Framework: A Contrast and Evaluation

H Dixon, B Gerrard - IS-LM and Modern Macroeconomics, 2000 - Springer
The IS-LM framework has been the standard model used for understanding and teaching
Keynesian macroeconomics since 1960. Indeed, even a monetarist such as Friedman could …

A structural vector autoregression model for monetary policy analysis in India

RN Paramanik, B Kamaiah - Margin: The Journal of Applied …, 2014 - journals.sagepub.com
A structural vector autoregression (SVAR) model is proposed for analysing the impact of
monetary policy stances on real variables in the Indian economy, in the context of its …

Choice of monetary policy instruments in a stochastic IS-LM model: Some empirical remarks for the Netherlands

FAG Den Butter - De Economist, 1983 - Springer
Choice of monetary policy instruments in a stochastic IS-LM model: Some empirical remarks for
the Netherlands Page 1 DE ECONOMIST 131,NR. 1, 1983 CHOICE OF MONETARY POLICY …

[HTML][HTML] Can the IS/LM Model Truly Explain Macroeconomic Phenomena

S Chiba, K Leong - Journal of Young Investigators, 2007 - jyi.org
The new IS/LM establishes that monetary policies should not influence real economies in
the long run since they cannot engineer a permanent departure of outout from its capacity …

Keynesian macroeconomics without the LM curve

D Romer - Journal of economic perspectives, 2000 - aeaweb.org
Abstract Changes in both the macroeconomy and in macroeconomics suggest that the IS-
LM-AS model is no longer the best baseline model of short-run fluctuations for teaching and …

The evolution of IS-LM models: empirical evidence and theoretical presuppositions

A Vercelli - Journal of Economic Methodology, 1999 - Taylor & Francis
This paper offers an explanation of the resilience of IS-LM models, which are still alive more
than sixty years after the birth of the first prototype despite growing criticism within the …

Structural VAR models for Malaysian monetary policy analysis during the pre-and post-1997 Asian crisis periods

M Raghavan, P Silvapulle… - Applied Economics, 2012 - Taylor & Francis
This article conducts an in-depth investigation into building a Structural Vector
Autoregression (SVAR) model and analysing the Malaysian monetary policy. Considerable …