The BMW Model: A New Framework for Teaching Monetary Economics
Publication: Journal of Economic Education
Volume: Volume 37, No. 1
Issue: Winter 2006
Pages: 98-117
Author(s): Peter Bofinger (
Address (Principal Author):
Peter Bofinger
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97070 Würzburg
Telefon: +49 / 931 / 31 - 29 45
Telefax: +49 / 931 / 31 - 27 75
Internet Address (Principal Author): peter.bofinger@mail.uni-wuerzburg.de
Title: The BMW Model: A New Framework for Teaching Monetary Economics
Abstract: The IS/LM-AS/AD model is the central tool of macroeconomics. The authors present a framework that develops the Romer approach into a comprehensive macroeconomic model.
Winter 2006
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