Feb 2, 2019
1 min read
A version of it, I think? The model is in here — http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.858.7771&rep=rep1&type=pdf
On p.6 you have the standard IS curve and a central bank loss-function to replace the LM curve. That’s, roughly, the New Consensus model, isn’t it?
