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IS-LM model or a like macroeconomic models

Posted: Fri Apr 17, 1998 9:57 am
by Branko Grcic
Hello everyone

I am interested in economic system-dynamics models.
If anyone is
involved in this work, specialy if you know something about system-dynamic
aproach in construction IS-LM or a like macroeconomic models, or if any
references in this regard are known, I would
greatly appreciate it if someone could notify me. Thanx in advance.

Best wishes

Branko Grcic
From: Branko Grcic <grcic@efst.hr>
Faculty of Economics Split
CROATIA

IS-LM model or a like macroeconomic models

Posted: Fri Apr 17, 1998 3:54 pm
by Javier Dolado
Hello Branko,
I worked with the *basic* IS-LM model in these works
- J.J. Dolado, Qualitative Simulation and System Dynamics, System Dynamic=
s
Review 8 (n. 1, Winter 1992):55-81
- J.J. Dolado, Loop Analysis for Qualitative Simulation, Decision Support
Systems and Qualitative Reasoning, M.G.
Singh and L. Trav=E9-Massuy=E8s (Eds.), North-Holland, 1991. (Proc. o=
f the
IMACS Workshop on QR, Toulouse, France,
13-15 March 1991), ISBN 0 444 89179 X
I can send you a reprint.

Regards
Javier Dolado
From: Javier Dolado <dolado@si.ehu.es>

IS-LM model or a like macroeconomic models

Posted: Tue Nov 17, 1998 10:18 am
by "Nathan B. Forrester"
Branko,

For my 1982 dissertation I built and analyzed a simple macroeconomic model
that integrates four basic economic approaches: IS-LM, aggregate
supply-aggregate demand, multiplier-accelerator, and permanent income
hypothesis. The resulting model has ten stocks. I used the model to test the
efficacy of different economic stabilization policies. The dissertation also
points to methods, subsequently developed in detail, that allow measurement of
the relative contribution of different feedback loops to particular modes of
behavior.

You can read the dissertation abstract at:
http://www.forresterconsulting.com/Dissertation.html

MIT document services sells copies of the work:
http://theses.mit.edu

Model listings (original DYNAMO version and Vensim versions) are
available at:

http://www.forresterconsulting.com/models.html

If you have any questions, please send me an e-mail.

Nathan
--
Nathan B. Forrester, Ph.D.
Forrester Consulting
2687 Ridge Valley Road
Atlanta, GA 30327

Phone: 404-367-9630
Fax: 404-367-9633

mailto:NathanForrester@alum.mit.edu
http://www.forresterconsulting.com/

IS-LM model or a like macroeconomic models

Posted: Tue Nov 17, 1998 10:50 am
by "Michael J. Radzicki, Ph.D."
Branko:

Nathan Forresters dissertation titled: "A Dynamic Synthesis of Basic
Macroeconomic Theory: Implications for Stabilization Policy Analysis"
(available from MIT) presents the IS-LM model (extended through aggregate
supply and demand) via system dynamics. Also, I have created a series of
increasingly complex system dynamics models that build the basic IS-LM
framework in a manner similar to, but somewhat different from, Nathans
work. Contact me outside this mailing list if youd like me to send you the
files.

Peace.

Mike Radzicki
Worcester Polytechnic Institute
mjradz@wpi.edu

IS-LM model or a like macroeconomic models

Posted: Mon Nov 23, 1998 10:29 am
by Tom Fiddaman
A copy of Nathan Forresters dissertation model, mentioned by Mike
Radzicki, can be found in my model library at:

http://home.earthlink.net/~tomfid/models/models.html

Look for the listing:

Dynamic Synthesis of Macroeconomic Theory

Provided by Nathan Forrester See: Forrester, N.B. (1982) A Dynamic
Synthesis of Basic Macroeconomic Theory:
Implications for Stabilization Policy Analysis. PhD Dissertation, MIT
Sloan School of Management.

The library contains a number of SD classics, including several other
economic models.

Tom


****************************************************
Thomas Fiddaman, Ph.D.
Ventana Systems http://www.vensim.com
8105 SE Nelson Road Tel (253) 851-0124
Olalla, WA 98359 Fax (253) 851-0125
Tom@Vensim.com http://home.earthlink.net/~tomfid
****************************************************