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
Copyright Date
2002
Language
en
Proquest ID
AAI3073446
File Format
application/pdf
File Size
114 pages
Recommended Citation
Erdogdu, Oya Safinaz, "Price level determination: Ricardian vs non-Ricardian policies " (2002). Retrospective Theses and Dissertations. 511.
https://lib.dr.iastate.edu/rtd/511