Macrodynamics and Pollution in Open Economy: An IS‐LM Analysis

Emmanuel, Ouyahia (2008) Macrodynamics and Pollution in Open Economy: An IS‐LM Analysis. Economic analysis, 41 (1-2). pp. 11-23. ISSN 0013-3213

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Abstract

The economy of the environment is traditionally the field of micro‐economy. Yet Providing an analysis purely macro‐economic is from a theoretical and praxeological point of view    possible. With this in mind, we change the model IS‐LM so that it incorporates the pollution. This extension of the model has allowed us to show the ecological and economic effects of different monetary or budgetary policies depending on the type of small open economy considered (with or without different kind of control pollution activities).

Item Type: Article
Additional Information: COBISS.ID=1024529296
Uncontrolled Keywords: Keynesian cross diagram,  Macroeconomic policy, Pollution
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: Jelena Banovic
Date Deposited: 29 Jan 2016 17:56
Last Modified: 29 Jan 2016 17:56
URI: http://ebooks.ien.bg.ac.rs/id/eprint/292

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