https://gdpark.blog/tags/medium-run/Recent content in Medium-Run on gdpark.blogHugoenSun, 17 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-06-deriving-the-aggregate-demand-and-aggregate-supply-curves/Tue, 12 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-06-deriving-the-aggregate-demand-and-aggregate-supply-curves/Mashing together the short-run goods/financial markets and the medium-run labor market to derive the AD and AS curves — and spoiler: it still can’t explain inflation lol.https://gdpark.blog/posts/macroeconomics-15-short-run-and-medium-run-analysis-with-the-real-interest-rat/Sun, 17 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-15-short-run-and-medium-run-analysis-with-the-real-interest-rat/We patch up the IS-LM model to use r instead of i, then show why the medium-run always lands at Wicksell’s natural real interest rate r(n).