Lucas (2004)

(参考)Microfoundationsをめぐるhimaginary日記
http://d.hatena.ne.jp/himaginary/20090608/levitt_and_yglesias_on_macro

計量経済学に使えるマクロ経済のデータは少ないので現実を的確に描写するモデルよりも、ミクロ的基礎付けからゴリ押しした数式モデルが評価される、と否定的な論争。

それはまた別の話。

Lucas, Robert E., Jr. (2004) "Keynote Address to the 2003 HOPE Conference: My Keynesian Education"
http://homepage.ntu.edu.tw/~yitingli/file/Workshop/lucas%20.pdf

(...)Now it’s coming in use in macroeconomics with real business cycle theory; certain kinds of monetary variations have been introduced with success. (...) But I don’t teach any IS-LM. I don’t even mention it. (...) In that sense, for me, it’s over.

But I want to come to this persistence of the IS-LM model, because it isn’t over.