• Thumbnail for IS–LM model
    ISLM model, or Hicks–Hansen model, is a two-dimensional macroeconomic model which is used as a pedagogical tool in macroeconomic teaching. The ISLM...
    29 KB (3,737 words) - 03:38, 3 April 2024
  • The Mundell–Fleming model, also known as the IS-LM-BoP model (or IS-LM-BP model), is an economic model first set forth (independently) by Robert Mundell...
    25 KB (3,793 words) - 18:32, 2 October 2023
  • Thumbnail for Lexus LM
    The Lexus LM is a luxury minivan produced and manufactured by Japanese brand Lexus, a luxury division of Toyota. Introduced in 2019 as the first minivan...
    24 KB (1,812 words) - 19:20, 25 September 2024
  • Look up LM or lm in Wiktionary, the free dictionary. The abbreviation LM or lm may refer to: County Leitrim, Ireland (vehicle plate code LM) Le Mans,...
    3 KB (444 words) - 12:24, 13 July 2024
  • Thumbnail for Macroeconomics
    Macroeconomics (category Short description is different from Wikidata)
    theoretical models include short-term models like the Keynesian cross, the ISLM model and the Mundell–Fleming model, medium-term models like the AD–AS model, building...
    57 KB (6,824 words) - 09:36, 26 September 2024
  • schedule of the marginal efficiency of capital. The IS-LM model uses two equations to express Keynes' model. The first, now written I (Y, r ) = S (Y,r ), expresses...
    107 KB (13,226 words) - 22:43, 18 August 2024
  • Thumbnail for PaLM
    PaLM (Pathways Language Model) is a 540 billion parameter transformer-based large language model developed by Google AI. Researchers also trained smaller...
    12 KB (798 words) - 21:44, 30 June 2024
  • Thumbnail for AD–AS model
    level. Thus, the "ISLM–AS model", graphically depicted as an aggregate supply curve together with a curve combining the IS and LM curves and called an...
    22 KB (2,849 words) - 16:48, 2 September 2024
  • Liquidity trap (category Short description is different from Wikidata)
    out in the works of British economist John Hicks, who published the ISLM model representing Keynes's system. Nobel laureate Paul Krugman, in his work...
    20 KB (2,196 words) - 19:35, 13 August 2024
  • Thumbnail for Money supply
    Money supply (category Short description is different from Wikidata)
    both built on this premise: the Keynesian IS-LM model and the monetarist quantity theory of money. The IS-LM model was introduced by John Hicks in 1937 to...
    48 KB (5,444 words) - 20:32, 21 September 2024
  • Theory to be as static as Hicks portrayed it. James Tobin described the IS-LM model as: ... the tool of first resort. If you are faced with a problem of...
    42 KB (6,167 words) - 16:47, 4 February 2024
  • Aggregate demand (category Short description is different from Wikidata)
    The Mundell–Fleming exchange-rate effect is an extension of the ISLM model. Whereas the traditional IS-LM Model deals with a closed economy, Mundell–Fleming...
    21 KB (2,867 words) - 21:36, 22 April 2024
  • The aggregate demand–inflation adjustment model builds on the concepts of the ISLM model and the AD–AS models, essentially in terms of changing interest...
    3 KB (420 words) - 16:47, 14 November 2023
  • short-run movements. Greg Mankiw maintains the IS/MP model has "quirky features". Mankiw prefers the ISLM model, for, according to him, it focuses on "important...
    3 KB (328 words) - 18:05, 24 December 2023
  • Exogenous and endogenous variables (category Economics models)
    correlated with the error term in the econometric model, while an exogenous variable is not. In the LM model of interest rate determination,: pp. 261–7  the...
    3 KB (351 words) - 00:17, 30 October 2023
  • language model (LLM) is a computational model capable of language generation or other natural language processing tasks. As language models, LLMs acquire...
    156 KB (13,394 words) - 17:54, 1 October 2024
  • Investment—Saving, a curve in the IS/LM model of economics IRS Airlines (IATA code) Island Airlines (IATA code) Is, the third-person singular present...
    4 KB (590 words) - 02:09, 25 September 2024
  • basis for the IS-LM model. In an additional effort to quantify the hypotheses derived from theoretical models, macro-econometric models were created....
    37 KB (4,760 words) - 04:59, 24 August 2024
  • Thumbnail for Economic model
    international trade Black–Scholes model of option pricing AD–AS model a macroeconomic model of aggregate demand– and supply ISLM model the relationship between...
    30 KB (3,856 words) - 16:59, 24 September 2024
  • Blanchard list of examples includes ISLM model, the Mundell–Fleming model, the RBC model, and the New Keynesian model. In "toy" physical descriptions, an...
    4 KB (525 words) - 23:15, 28 July 2024
  • Thumbnail for Post-Keynesian economics
    provide full employment is rigid or sticky prices or wages. Post-Keynesians typically reject the ISLM model of John Hicks, which is very influential in neo-Keynesian...
    20 KB (2,073 words) - 23:54, 23 September 2024
  • Thumbnail for John Hicks
    John Hicks (category Short description is different from Wikidata)
    were his statement of consumer demand theory in microeconomics, and the ISLM model (1937), which summarised a Keynesian view of macroeconomics. His book...
    16 KB (1,598 words) - 16:10, 6 September 2024
  • Liquidity preference (category Short description is different from Wikidata)
    the quantity of money supplied (see IS/LM model). A major rival to the liquidity preference theory of interest is the time preference theory, to which...
    6 KB (729 words) - 23:58, 19 November 2023
  • texts.[citation needed] The textbook also makes a radical break with IS-LM model and proposes an operationalizable alternative. Like macroeconomic practice...
    2 KB (201 words) - 06:55, 8 July 2022
  • Thumbnail for Economics
    Economics (category Short description is different from Wikidata)
    economics is that, in some situations, no strong automatic mechanism moves output and employment towards full employment levels. John Hicks' IS/LM model has...
    175 KB (17,857 words) - 05:57, 19 September 2024
  • Thumbnail for Enterprise modelling
    Enterprise modelling is the process of building models of whole or part of an enterprise with process models, data models, resource models and/or new...
    30 KB (3,599 words) - 14:39, 10 March 2024
  • Thumbnail for Fiscal policy
    Fiscal policy (category Short description is different from Wikidata)
    shifts the LM curve back, and thus, returning the general equilibrium to the original full employment (FE) level. Therefore, the IS-LM model shows that...
    20 KB (2,553 words) - 13:22, 14 July 2024
  • Thumbnail for Alvin Hansen
    The General Theory. He helped develop with John Hicks the ISLM model (or Hicks–Hansen model), a mathematical representation of Keynesian macroeconomic...
    17 KB (1,991 words) - 08:16, 13 September 2024
  • Thumbnail for Gemini (language model)
    Gemini is a family of multimodal large language models developed by Google DeepMind, serving as the successor to LaMDA and PaLM 2. Comprising Gemini Ultra...
    44 KB (3,503 words) - 05:52, 28 September 2024
  • P . {\displaystyle L(Y,i)=M/P.} This is the familiar IS-LM model. Like the classical approach, the IS-LM model contains an equilibrium condition that...
    7 KB (948 words) - 10:04, 23 July 2022