Thank you for watching the video and for leaving your comments. If you are interested in more videos on Intermediate Macroeconomics, the full lecture can be found here: The Goods Market: ruclips.net/video/jgfSE6jAXWM/видео.html The Multiplier Effect: ruclips.net/video/9eeBixxQa_o/видео.html The IS Curve: ruclips.net/video/g6aba0V6ifo/видео.html Movements Along the Curve or Shifts of the Curve: ruclips.net/video/LR5S4xL0DJE/видео.html The Money Market: ruclips.net/video/I2iUZVoKkm0/видео.html The LM Curve: ruclips.net/video/A5jV_0ZIRU4/видео.html The IS-LM Model: ruclips.net/video/e_3clidGpfE/видео.html The Labor Market: ruclips.net/video/r8qRf_kIeek/видео.html The Phillips Curve: ruclips.net/video/c55Gz1oKr7w/видео.html The IS-LM-PC Model: ruclips.net/video/7zvc1ECNHAo/видео.html Exchange Rates: ruclips.net/video/QKf7fQCjfVY/видео.html Purchasing Power Parity: ruclips.net/video/00H3hXF85Ns/видео.html Interest Rate Parity: ruclips.net/video/_LVPhfBBGNs/видео.html Goods Market in the Open Economy: ruclips.net/video/CS-fjsU4XBQ/видео.html Fiscal Policy and the Multiplier in the Open Economy: ruclips.net/video/w5agukcULuo/видео.html Open Economy: Effects of Increases in Foreign Demand: ruclips.net/video/fCzqV8KEFhw/видео.html Open Economy: Effects of a Currency Depreciation: ruclips.net/video/zTza0XO-52Q/видео.html Reducing the Trade Deficit: ruclips.net/video/S5Mv-WC6iNk/видео.html The Marshall-Lerner Condition: ruclips.net/video/Yw3Y74DEge8/видео.html The Mundell-Fleming Model: ruclips.net/video/yRefsZdU1No/видео.html The Solow Model: ruclips.net/video/t8Q-2P0P3E4/видео.html The Solow Model with Technological Progress: ruclips.net/video/sP_eQoPMAKg/видео.html
Thank you for this great and explanatory video! It was very helpful for understanding the core of the modern version of this model rather than the majority with the LM curve being different.
Thank you for such useful video. But I wonder if the modern view of LM curve is adopted, i.e. horizontal and using interest rate as monetary tool, is liquidity trap still applicable in this revised model?
Thank you! Yes, the liquidity trap in the traditional form (that the interest rate does not respond to monetary policy for a flat LM curve) is basically assumed away in this case. However, the constraint of the zero lower bound on the nominal interest rate could still be binding and would have similar consequences as a liquidity trap in the traditional version of the model.
Thank you for watching the video and for leaving your comments. If you are interested in more videos on Intermediate Macroeconomics, the full lecture can be found here:
The Goods Market: ruclips.net/video/jgfSE6jAXWM/видео.html
The Multiplier Effect: ruclips.net/video/9eeBixxQa_o/видео.html
The IS Curve: ruclips.net/video/g6aba0V6ifo/видео.html
Movements Along the Curve or Shifts of the Curve: ruclips.net/video/LR5S4xL0DJE/видео.html
The Money Market: ruclips.net/video/I2iUZVoKkm0/видео.html
The LM Curve: ruclips.net/video/A5jV_0ZIRU4/видео.html
The IS-LM Model: ruclips.net/video/e_3clidGpfE/видео.html
The Labor Market: ruclips.net/video/r8qRf_kIeek/видео.html
The Phillips Curve: ruclips.net/video/c55Gz1oKr7w/видео.html
The IS-LM-PC Model: ruclips.net/video/7zvc1ECNHAo/видео.html
Exchange Rates: ruclips.net/video/QKf7fQCjfVY/видео.html
Purchasing Power Parity: ruclips.net/video/00H3hXF85Ns/видео.html
Interest Rate Parity: ruclips.net/video/_LVPhfBBGNs/видео.html
Goods Market in the Open Economy: ruclips.net/video/CS-fjsU4XBQ/видео.html
Fiscal Policy and the Multiplier in the Open Economy: ruclips.net/video/w5agukcULuo/видео.html
Open Economy: Effects of Increases in Foreign Demand: ruclips.net/video/fCzqV8KEFhw/видео.html
Open Economy: Effects of a Currency Depreciation: ruclips.net/video/zTza0XO-52Q/видео.html
Reducing the Trade Deficit: ruclips.net/video/S5Mv-WC6iNk/видео.html
The Marshall-Lerner Condition: ruclips.net/video/Yw3Y74DEge8/видео.html
The Mundell-Fleming Model: ruclips.net/video/yRefsZdU1No/видео.html
The Solow Model: ruclips.net/video/t8Q-2P0P3E4/видео.html
The Solow Model with Technological Progress: ruclips.net/video/sP_eQoPMAKg/видео.html
you are an absolute legend, in 40 mins you have clarified more than 2 weeks of studying.
Thank you so much! I am happy that the lectures have been useful.
Your seperation of the timeframes is so good, I shall steal it for future Tutoring
Thank you! Feel free to do so (and to recommend the video ;))
Thank you for this great and explanatory video! It was very helpful for understanding the core of the modern version of this model rather than the majority with the LM curve being different.
Thank you for your positive feedback! I am glad that the video was helpful!
Thank you for such useful video. But I wonder if the modern view of LM curve is adopted, i.e. horizontal and using interest rate as monetary tool, is liquidity trap still applicable in this revised model?
Thank you! Yes, the liquidity trap in the traditional form (that the interest rate does not respond to monetary policy for a flat LM curve) is basically assumed away in this case. However, the constraint of the zero lower bound on the nominal interest rate could still be binding and would have similar consequences as a liquidity trap in the traditional version of the model.