top of page
MICROFOUNDATIONS
ANCHOR 8
THE MICROFOUNDATIONS OF IS-LM MACRO ARE EASILY DEMONSTRATED
( AND BASED
ON THE SAME LAGRANGIAN UTILITY MAXIMIZATION MODEL UNDERLYING DSGE AND NEW KEYNESIAN MACRO, EXCEPT THE MODEL IS DEMAND, NOT SUPPLY DRIVEN )
(AFTER READING PDF, TO RETURN TO MENU, PRESS THE TAB IMMEDIATELY TO THE LEFT NEXT TO A "X" TAB AT THE TOP OF YOUR SCREEN)
bottom of page