You are here
ALTERNATIVE INCOME SPECIFICATION IN MACROECONOMIC MODELS
| Title: | ALTERNATIVE INCOME SPECIFICATION IN MACROECONOMIC MODELS. |
 88 views 47 downloads |
|---|---|---|
| Name(s): |
MELEAR, ERIK LAMONT. Florida Atlantic University, Degree grantor Hemley, David D., Thesis advisor College of Business Department of Economics |
|
| Type of Resource: | text | |
| Genre: | Electronic Thesis Or Dissertation | |
| Issuance: | monographic | |
| Date Issued: | 1975 | |
| Publisher: | Florida Atlantic University | |
| Place of Publication: | Boca Raton, Fla. | |
| Physical Form: | application/pdf | |
| Extent: | 104 p. | |
| Language(s): | English | |
| Summary: | This thesis emphasizes and evaluates the effect of different income specifications, absolute, relative and permanent, in the various stochastic equations comprising a macroeconomic model. Multiple least squares regression is employed to estimate the stochastic equations; and a dynamic multiplier simulation program evaluates the stability and calculates the impact and interim dynamic multipliers of each resultant model. The results point to an absolute income specification with the quickest response to fiscal and monetary policy. In addition, there are inherent specification problems as enlightened by review of the size of the total impact multipliers. | |
| Identifier: | 13736 (digitool), FADT13736 (IID), fau:10568 (fedora) | |
| Collection: | FAU Electronic Theses and Dissertations Collection | |
| Note(s): |
College of Business Thesis (M.A.)--Florida Atlantic University, 1975. |
|
| Subject(s): | Income--Mathematical models | |
| Held by: | Florida Atlantic University Libraries | |
| Persistent Link to This Record: | http://purl.flvc.org/fcla/dt/13736 | |
| Sublocation: | Digital Library | |
| Use and Reproduction: | Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder. | |
| Use and Reproduction: | http://rightsstatements.org/vocab/InC/1.0/ | |
| Host Institution: | FAU | |
| Is Part of Series: | Florida Atlantic University Digital Library Collections. |
