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- "Still IS-LMing After All These Years, Part 2" Fea...
"Still IS-LMing After All These Years, Part 2" Featuring Paul Krugman
The good old IS-LM model of output and interest rates used to be a staple both of economics teaching and of policy analysis, yet became unfashionable in the mid 2000's. The 2008 crisis however, brought the model back into its own…
