Keynesian Macroeconomics Beyond the IS-LM Model

• Main Authors: Ghosh, Chandana (Author, http://id.loc.gov/vocabulary/relators/aut), Ghosh, Ambar Nath (http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Singapore : Springer Singapore : Imprint: Springer, 2019.
• Edition: 1st ed. 2019.
• Subjects: Macroeconomics.; Public finance.; Finance, Public.; Macroeconomics/Monetary Economics//Financial Economics.; Public Economics.; Public Finance.

This book makes an original and significant contribution to Keynesian macroeconomics. The IS-LM model is a basic workhorse of Keynesian macroeconomics. However, its financial aspects are extremely rudimentary and the link between the real and the financial sector is extremely tenuous. Hence, neither...