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Keynesian Macroeconomics Beyond the IS-LM Model

By Chandana Ghosh, Ambar Nath Ghosh
eBook
$69.99
By Chandana Ghosh, Ambar Nath Ghosh
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This book makes an original and significant contribution to Keynesian macroeconomics. The IS-LM model is a basic workhorse of Keynesian macroeconomics. However, its financial aspects are extremely rudimentary and the link between the real and the financial sector is extremely tenuous. Hence, neither the IS-LM model nor IS-LM-based models can be applied to the major economic issues facing today’s world. This book develops alternative models in the Keynesian tradition that incorporate financi...

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BusinessEconomicsMacroeconomicsMacroeconomics - General & Miscellaneous