IS-LM model for US economy: testing in JMULTI

Josheski, Dushko and Lazarov, Darko and Koteski, Cane and Fotov, Risto (2011) IS-LM model for US economy: testing in JMULTI. Munich Personal RePEc Archive (34024). p. 28. ISSN 34359

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In this paper IS-LM model, has been introduced as time series model. Standard VAR, VECM test have been applied .Three variables that we estimated were: logarithm of real GDP (q), 3 month interbank interest rate (i), real monetary base (m).VECM mechanism shows that if the system is in disequilibrium alteration in the change of interbank interchange interest rate, log of real US gdp , and monetary base will be downward 5,5%,4,6% and 0,4% respectively.

Item Type: Article
Subjects: Social Sciences > Economics and business
Social Sciences > Social and economic geography
Divisions: Faculty of Tourism and Business Logistics
Depositing User: Cane Koteski
Date Deposited: 21 Nov 2012 09:51
Last Modified: 21 Oct 2014 13:37

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