Yamaguchi journal of economics, business administrations & laws

The Economic Society of Yamaguchi University

PISSN : 0513-1758
NCID : AN00243258

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Yamaguchi journal of economics, business administrations & laws Volume 72 Issue 6
published_at 2024-03-31

A macroeconomic model considering government bond yield, loan interest rate and deposit interest rate

国債利回り, 貸付利子率, 預金利子率を考慮したマクロ経済モデル
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Available 2028-03-31
山口経済学雑誌72-6-001.pdf
In IS-LM model, it seems difficult to intuitively understand the concept of money market. Therefore, in Umada(2024) we discussed the determination of loan interest rate, deposit interest rate, and government bond yield without using the concept of money market. In addition to these three, we will also discuss GDP and price determination, adding the concept of goods market to the discussion.