Essays about: "IS LM-framework"
Found 1 essay containing the words IS LM-framework.
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1. The oil price-macroeconomy relationship revisted
University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistikAbstract : Our study aims to evaluate the Mundell-Fleming model ability to predict the effects from a oil price shock to output and interest rates by analyzing data, from the last thirty years, by using a VAR-model. Our results show an asymmetric effect between oil price and GDP growth while the oil price-interest rate relationship partly holds. READ MORE
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