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Journal of Automation and Information Sciences
SJR: 0.275 SNIP: 0.59 CiteScore™: 0.8

ISSN Imprimer: 1064-2315
ISSN En ligne: 2163-9337

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Journal of Automation and Information Sciences

DOI: 10.1615/JAutomatInfScien.v32.i2.160
pages 110-114

The Laws of Optimal Fiscal and Monetary Policy in a Macroeconomic IS-LM Model

Vasiliy M. Gorbachuk
V.M. Glushkov Institute of Cybernetics of National Academy of Sciences of Ukraine, Kiev

RÉSUMÉ

The algorithm for calculating fiscal and monetary control parameters, a taxation level, a budget deficit, state expenditures, real money, a real interest rate and a real exchange rate, has been designed within the known Keynesian IS-LM macroeconomic model under the assumption on a fixed price level.


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