دورية أكاديمية
Application of the IS-PC-MR model in the modern macroeconomics
| العنوان: | Application of the IS-PC-MR model in the modern macroeconomics |
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| المؤلفون: | Kalinić Ljubina |
| المصدر: | Ekonomski Signali, Vol 9, Iss 2, Pp 169-190 (2014) |
| بيانات النشر: | Viša ekonomska škola Peć, Leposavić, 2014. |
| سنة النشر: | 2014 |
| المجموعة: | LCC:Economics as a science |
| مصطلحات موضوعية: | IS-LM model, IS-PC-MR model, new neoclassical synthesis, monetary policy, demand and supply shocks, Economics as a science, HB71-74 |
| الوصف: | In contemporary economic literature, very significant position takes 'new' neoclassical synthesis, which refers to the consensus about the role of monetary policy in the modern economy, the role of expectations, the importance of money and looking 'forward' by economic agents. For more than a half of century, IS-LM model was the main instrument of macroeconomic analysis. However, modern conditions have led to the situation where traditional IS-LM analysis is not applicable any more. Hence, a new, IS-PC-MR model is developed, and the research objective of the paper is to analyze the IS-PC-MR model as the basic tool of modern macroeconomics, which is able to explain the contemporary macroeconomic issues, with a focus primarily on the role of monetary policy during the shocks in the economy and inflation targeting. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | English Serbian |
| تدمد: | 1452-4457 |
| Relation: | http://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2014/1452-44571402169K.pdf; https://doaj.org/toc/1452-4457 |
| DOI: | 10.5937/ekonsig1402169K |
| URL الوصول: | https://doaj.org/article/eb68e8987f9f4886b687ec4dd913f8cd |
| رقم الأكسشن: | edsdoj.b68e8987f9f4886b687ec4dd913f8cd |
| قاعدة البيانات: | Directory of Open Access Journals |
Full Text Finder | تدمد: | 14524457 |
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| DOI: | 10.5937/ekonsig1402169K |