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Equilibrium and Disequilibrium Interpretations of the IS-LM Model

Smith, Gary - Cowles Foundation for Research in Economics, Yale University - 1977

There is a considerable tension in neo-Keynesian macroeconomics as to whether the familiar IS-LM analysis should be interpreted as a description of equilibrium or disequilibrium. The present paper shows how the IS-LM model can be used for either purpose. The first section provides the...

Persistent link: https://www.econbiz.de/10005249187

Multicollinearity and Forecasting

Smith, Gary - Cowles Foundation for Research in Economics, Yale University - 1974

Persistent link: https://www.econbiz.de/10005249209

The Spending Behavior of Wealth- and Liquidity-Constrained Consumers

Kowalewski, Kim; Smith, Gary - Cowles Foundation for Research in Economics, Yale University - 1979

Persistent link: https://www.econbiz.de/10005762489

A Model of U.S. Financial and Nonfinancial Economic Behavior

Backus, David; Brainard, William C.; Smith, Gary; … - Cowles Foundation for Research in Economics, Yale University - 1980

Persistent link: https://www.econbiz.de/10005762503

Okun's Law Revisited

Smith, Gary - Cowles Foundation for Research in Economics, Yale University - 1974

Persistent link: https://www.econbiz.de/10005762596

Disequilibrium Models of Financial Institutions

Smith, Gary; Brainard, William C. - Cowles Foundation for Research in Economics, Yale University - 1979

Persistent link: https://www.econbiz.de/10005762726

A Short-Run Two-Commodity Macroeconomic Model

Smith, Gary; Starnes, William - Cowles Foundation for Research in Economics, Yale University - 1976

Persistent link: https://www.econbiz.de/10005762758

A Shortrun Macroeconomic Model of an Open Economy

Smith, Gary - Cowles Foundation for Research in Economics, Yale University - 1977

Persistent link: https://www.econbiz.de/10005196012

The Long Run Consequences of Monetary and Fiscal Policies When the Governments Budget Is Not Balanced

Smith, Gary - Cowles Foundation for Research in Economics, Yale University - 1977

Persistent link: https://www.econbiz.de/10005196028

Further Notes on the Misuse of R^2

Smith, Gary - Cowles Foundation for Research in Economics, Yale University - 1974

Persistent link: https://www.econbiz.de/10005593313