Degree Type

Dissertation

Date of Award

2002

Degree Name

Doctor of Philosophy

Department

Economics

First Advisor

Barry Falk

Abstract

In that study we analyzed the U.S. inflation rate using the structural vector autoregression (SVAR) and the structural vector error correction models (SVECM) to compare different theories of price level: monetarist theory, unpleasant monetarist arithmetic and the fiscal theory of price level. Our results for the SVAR models favor the monetarist theory, whereas the SVECM indicate the relations given by unpleasant monetarist theory.

DOI

https://doi.org/10.31274/rtd-180813-54

Publisher

Digital Repository @ Iowa State University, http://lib.dr.iastate.edu

Copyright Owner

Oya Safinaz Erdogdu

Language

en

Proquest ID

AAI3073446

File Format

application/pdf

File Size

114 pages

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