Josheski, Dushko and Lazarov, Darko and Fotov, Risto and Koteski, Cane (2011): ISLM model for US economy: testing in JMULTI.

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Abstract
In this paper ISLM 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:  MPRA Paper 

Original Title:  ISLM model for US economy: testing in JMULTI 
English Title:  In this paper ISLM 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. 
Language:  English 
Keywords:  ISLM, VAR, VECM,JMULTI 
Subjects:  N  Economic History > N1  Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations E  Macroeconomics and Monetary Economics > E1  General Aggregative Models > E12  Keynes; Keynesian; PostKeynesian C  Mathematical and Quantitative Methods > C4  Econometric and Statistical Methods: Special Topics > C40  General E  Macroeconomics and Monetary Economics > E2  Macroeconomics: Consumption, Saving, Production, Employment, and Investment > E21  Consumption; Saving; Wealth 
Item ID:  34024 
Depositing User:  DJ Josheski 
Date Deposited:  10. Oct 2011 11:13 
Last Modified:  13. Feb 2013 10:14 
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URI:  http://mpra.ub.unimuenchen.de/id/eprint/34024 