Rubin, Goulven - HAL - 2004
This paper studies Patinkin's contribution to the development of IS-LM, mostly Money Interest and Prices (1956), by … comparing it to Modigliani's (1944, 1963). Patinkin's originality, it is claimed, lies in his analyzing the IS-LM model with a … allowed Patinkin to complete, to correct and to clarify the IS-LM model. However, in spite of its superiority, Patinkin …