Environmental Keynesian macroeconomics: Some further discussion

Environmental Keynesian macroeconomics: Some further discussion
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DOI:
10.1016/j.ecolecon.2005.11.006
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发表时间:
2006-10
影响因子:
7
通讯作者:
N. Sim
N. Sim
中科院分区:
经济学2区
文献类型:
--
作者:
N. Sim

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本文扩展了 Heyes 首次提出的 IS-LM-EE 框架(Heyes, A., 2000. 教科书宏观绿化提案:“IS-LM-EE”。Ecol. Econ. 32, 1-7)。在他的模型中,需要外生的财政或货币冲击,以便达到所有三个时间表的交集。本文回避了这种独立的调整,认为存在一个自然的调整过程,并将这种机制正式化为 IS-LM-EE 框架。
This paper extends the IS–LM–EE framework first formulated by Heyes (Heyes, A., 2000. A proposal for the greening of textbook macro: ‘IS–LM–EE’. Ecol. Econ. 32, 1–7). In his model, exogenous fiscal or monetary shocks are needed so that the intersection of all three schedules is reached. Such independent adjustments are circumvented in this paper, which argues that a naturally adjusting process exists and formalizes this mechanism for the IS–LM–EE framework.