react according to the `IS-LM curve`_ (sometimes also known as `Mundell Flemming`_) .. _IS-LM curve: http://en.wikipedia.org/wiki/IS/LM_model .. _Mundell Flemming ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...
The IS-LM Model is a foundational macroeconomic model of describing the relationship between the interest rate and economic output. Using two curves, it depicts an array of equilibria for the economy ...
Economic Theory, Vol. 21, No. 2/3, Symposium in Honor of Mordecai Kurz (Mar., 2003), pp. 347-397 (51 pages) We build a one-period general equilibrium model with money. Equilibrium exists, and fiat ...