コンテンツメニュー

Umada Tetsuji

Affiliate Master Yamaguchi University

A macroeconomic model including deposit market, credit market and bond market

山口経済学雑誌 Volume 55 Issue 5 Page 535-553
published_at 2007-03
C050055000501.pdf
[fulltext] 561 KB
Title
預金市場, 貸付市場, 国債市場を考慮したマクロ経済モデル
A macroeconomic model including deposit market, credit market and bond market
Creators Umada Tetsuji
Source Identifiers
IS-LM model is usually used in macroeconomic analysis. But LM Curve is difficult to understand intuitively. In the real world the loan rate determine the investment and bond yield determine the demand for money. But IS-LM model uses the only one interest rate. That confuses us. I present a new macroeconomic model, in which bond yield is determined at first and deposit rate and loan rate are determined simultaneously. GDP is determined last.
Languages jpn
Resource Type departmental bulletin paper
Publishers 山口大學經濟學會
Date Issued 2007-03
File Version Version of Record
Access Rights open access
Relations
[ISSN]0513-1758
[NCID]AN00243258
[isVersionOf] [URI]http://ci.nii.ac.jp/vol_issue/nels/AN00243258_jp.html
Schools 経済学部