Environmental Keynesian macroeconomics: Some further discussion

• Published in: Ecological economics Vol. 59; no. 4; pp. 401 - 405
• Main Author: Sim, Nicholas C.S.
• Format: Journal Article
• Language: English
• Published: Elsevier B.V 15.10.2006; Elsevier
• Series: Ecological Economics
• Subjects: Environment; Environmental economics; IS–LM–EE; Keynesian; Keynesianism; Macroeconomics; IS–LM–EE; Environment; Keynesian

This paper extends the IS–LM–EE framework first formulated by Heyes (Heyes, A., 2000. A proposal for the greening of textbook macro: ‘IS–LM–EE’. Ecol. Econ. 32, 1–7). In his model, exogenous fiscal or monetary shocks are needed so that the intersection of all three schedules is reached. Such indepen...