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Alexander Douglas
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Alexander Douglas

Alexander Douglas

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?

Alexander Douglas

Lecturer in Philosophy, University of St. Andrews — personal website: https://axdouglas.com/

I wonder how different this CA is from the NCM — New Consensus in Macroeconomics, which was…
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Carolina Alves

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Lecturer in Philosophy, University of St. Andrews — personal website: https://axdouglas.com/

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