Keynesianism and Monetarism. An essay on the combination of the two. - Anjara Lalaina Jocelyn Rakotoarisoa - Bog

The present work consists of the introduction of an essay on the combination of Keynesianism and monetarism. These two economic thoughts are incompatible, but it seems that they can be complementary. In this framework, the author "tries" to develop a conception that attempts to merge the two visions which are based on the IS-LM model (in the orthodox sense of Keynesianism) and the quantitative theory of money (QM). Hence the notion of IS-LM-TQM raised in this little book. The author believes that he is broadening the scientific debate, offering a small lead in the adjustment of the famous policy-mix, which is a combination of monetary and fiscal policy.