Animal spirits in a monetary model

We integrate Keynesian economics with general equilibrium theory in a new way. We develop a simple graphical apparatus, the IS-LM-NAC framework, that can be used by policy makers to understand how policy affects the economy. A new element, the No-Arbitrage-Condition (NAC) curve, connects the interes...

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Bibliographic details
Volume: 115
Main Author: Farmer, Roger E.A
Platonov, Konstantin
Format: Journal Article
Language: English
Zielgruppe: Trade
Academic
Place of publication: AMSTERDAM Elsevier B.V 01.06.2019
ELSEVIER SCIENCE BV
Elsevier Science Publishers
Elsevier
published in: European economic review Vol. 115; pp. 60 - 77
ORCID: 0000-0002-6881-7960
Data of publication: June 2019
ISSN: 0014-2921
1873-572X
EISSN: 1873-572X
Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: Web of Knowledge
Web of Science - Social Sciences Citation Index – 2019
Social Sciences Citation Index
Web of Science
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Gale General OneFile (A&I only)
Academic OneFile (A&I only)
OpenAIRE (Open Access)
OpenAIRE
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