The new structuralist critique of the monetarist theory of inflation : the case of the Philippines

Joseph Lim

Monetary and credit contraction, espoused by monetarists as a key policy for controlling inflation, will increase the cost of financing working capital needs. This has an immediate short-run stagflationary impact coming from the supply side of the economy. This study uses a one-sector macro model to test this hypothesis on the Philippines with annual data from 1958 to 1980. (DSE)

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Year of publication:	1987
Authors:	Lim, Joseph Y.
Published in:	Journal of development economics. - Amsterdam : Elsevier, ISSN 0304-3878, ZDB-ID 187117-1. - Vol. 25.1987, 1, p. 45-61
Subject:	Inflation \| Philippinen \| Philippines \| 1958-1980

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Source:	ECONIS - Online Catalogue of the ZBW

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