The objective of this dissertation is to ascertain empirically whether there are non-linearities between interest rates and selected macroeconomic variables in the monetary policy transmission mechanism. This is accomplished by using recently-developed econometric techniques to uncover, and model, the non-linearities. We consider relationships between five variables along the path of the transmission mechanism (commercial interest rates, consumption, investment, output growth and inflation changes) and interest rates over which the central monetary authority has significant control (such as a long-short yield spread or a short-term money market rate). Our findings reveal that there is evidence in favor of non-linearities, with expansionary policy having a smaller impact on the key variables than a contractionary policy in the United States. In some instances we are successfully able to capture these non-linearities using either threshold or neural network models.

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Thesis (Ph. D.)--University of Washington, 2008. / Vita. Includes bibliographical references (leaves 74-81).

Thesis--Utkal University. / Bibliography: p. [277]-281.

Thesis--Utkal University. / Bibliography: p. [277]-281.

Thesis--Frankfurt am Main. / Vita. Includes bibliographical references (p. 204-214).

Thesis (Ph. D.)--University of Notre Dame, 2002. / Includes bibliographical references (leaves 288-298).

Thesis--University of Chicago. / Bibliography: leaves 368-371.

Thesis (M.A.)--Thammasat University, 2001. / "A thesis submitted in partial fulfillment of the requirement for the degree of Master of Economics (English Language Program), Faculty of Economics, Thammasat University, Bangkok, Thailand, May 2001." Includes bibliographical references (leaves 86-90).

Thesis (Ph. D.)--University of Wisconsin--Madison, 1963. / Typescript. Vita. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references.