A macroeconomic analysis of sectoral price movements in the United States
Analyses of both the business and inflation cycles remain the dominant concerns in macroeconomics since no single theory has yet consistently explained these two phenomena. It is generally agreed however that the assumed degree of short run variability in prices and quantities constitutes the principal differences between the competing theories. In this thesis we offer a theoretical and empirical analysis of this variability in order to provide additional data and insight by which to judge competing versions of the New Keynesian, New Classical, and Real Business Cycle theories.
Year of publication: |
1993
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Authors: | Hudgins, David Lynn |
Other Persons: | Shupp, Franklin R. (contributor) |
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