The Paradox of Thrift and Crowding-In of Private Investment in a Simple IS-LM Model
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More about this item
Keywords
paradox of thrift; crowding-in; instrumental variables.;All these keywords.
JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
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