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partial behavioral model for macroeconomic expansion

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Date Issued:
1995
Summary:
This thesis presents a theoretical behavioral model that deals with the expansionary phase of the business cycle. Its purpose was to provide a plausible explanation for growth out of recession. In this model, expansionary output is directly related to investment, saving, and the expected returns to capital. Moreover, it is assumed that capital formation is inversely related to the interest rate, which serves as the independent variable with respect to investment, production, saving, and expected returns. In addition, the basic model is linked to the combined influence of fiscal and monetary policy through the use of a coefficient. This coefficient can alter the fundamental dynamic of the growth path. Finally, the four basic non-linear curves that compose the behavioral model are compared to curves suggested by scatter diagrams. In conclusion, there seems to be some conformity of statistical reality to the non-linear relationships described by the behavioral model, as well as general agreement with a large body of existent theory.
Title: A partial behavioral model for macroeconomic expansion.
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Name(s): Knickerbocker, H. E.
Florida Atlantic University, Degree grantor
Rhodd, Rupert, Thesis advisor
College of Business
Department of Economics
Type of Resource: text
Genre: Electronic Thesis Or Dissertation
Issuance: monographic
Date Issued: 1995
Publisher: Florida Atlantic University
Place of Publication: Boca Raton, Fla.
Physical Form: application/pdf
Extent: 90 p.
Language(s): English
Summary: This thesis presents a theoretical behavioral model that deals with the expansionary phase of the business cycle. Its purpose was to provide a plausible explanation for growth out of recession. In this model, expansionary output is directly related to investment, saving, and the expected returns to capital. Moreover, it is assumed that capital formation is inversely related to the interest rate, which serves as the independent variable with respect to investment, production, saving, and expected returns. In addition, the basic model is linked to the combined influence of fiscal and monetary policy through the use of a coefficient. This coefficient can alter the fundamental dynamic of the growth path. Finally, the four basic non-linear curves that compose the behavioral model are compared to curves suggested by scatter diagrams. In conclusion, there seems to be some conformity of statistical reality to the non-linear relationships described by the behavioral model, as well as general agreement with a large body of existent theory.
Identifier: 15164 (digitool), FADT15164 (IID), fau:11937 (fedora)
Collection: FAU Electronic Theses and Dissertations Collection
Note(s): College of Business
Thesis (M.A.)--Florida Atlantic University, 1995.
Subject(s): Business cycles
Economic forecasting
Macroeconomics
Business forecasting
Economic development
Held by: Florida Atlantic University Libraries
Persistent Link to This Record: http://purl.flvc.org/fcla/dt/15164
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.