A Simple Non-Graphical Presentation of Fiscal and Monetary Policies in the IS/LM Model Using Only Reductio Ad Absurdum Arguments

Posted: 12 Jan 2004

See all articles by Bertrand Crettez

Bertrand Crettez

University of Burgundy Franche-Comté - L.I.B.R.E.

Abstract

This paper presents an analysis of fiscal and monetary policies in the IS/LM model that relies only on simple reductio ad absurdum arguments. It is done in a version of the IS/LM model which is rather general, without using differential calculus or linear algebra.

Keywords: IS/LM

JEL Classification: A22, A23, E12, E6

Suggested Citation

Crettez, Bertrand, A Simple Non-Graphical Presentation of Fiscal and Monetary Policies in the IS/LM Model Using Only Reductio Ad Absurdum Arguments. Available at SSRN: https://ssrn.com/abstract=466620

Bertrand Crettez (Contact Author)

University of Burgundy Franche-Comté - L.I.B.R.E. ( email )

avenue de l'Observatoire
F25030 Besancon
France

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