The Stories We Tell¶
Colander. (1995). The Stories We Tell: A Reconsideration of AS / AD Analysis.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- AD–AS Model
- The AD–AS framework is taught universally in undergraduate and graduate macroeconomics and structures the informal policy language of central banks, finance ministries, and macroeconomic journalism
This sourceCritique of the AS/AD model as presented in textbooks, arguing that its component parts come from inconsistent models of the economy and that it fails the minimum requirement of logical consistency.
Supported in partVerified against the publisher's abstract
“This paper explains that the AS/AD model as currently presented in the tests is seriously flawed.”
- The AD–AS framework is taught universally in undergraduate and graduate macroeconomics and structures the informal policy language of central banks, finance ministries, and macroeconomic journalism
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