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