Cryptocurrency Q&A
Who created IS-LM?
Who created IS-LM?
CryptoTitan
Tue Nov 05 2024
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5 answers
1254
I'm curious about the origin of the IS-LM model. Who was the economist or group of economists responsible for developing this framework? I'd like to know more about its creators.
5 answers
ethan_lewis_journalist
Thu Nov 07 2024
This model was formulated by John R. Hicks in 1931.
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Claudio
Thu Nov 07 2024
Hicks aimed to provide a structured representation of certain CORE concepts outlined in John Maynard Keynes' seminal work.
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CherryBlossomFalling
Thu Nov 07 2024
Keynes' book, titled The General Theory of Employment, Interest and Money, was published in 1931.
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MichaelSmith
Thu Nov 07 2024
The IS-LM model holds a significant place in economic theory.
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BlockchainWizard
Thu Nov 07 2024
The IS-LM model serves as a tool to formalize and analyze the economic ideas presented in this book.
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