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A Study of the Effectiveness of Four Competing Scenarios in Explaining Economic Instability

This study tests the relationship between certain economic scenarios and the state of the economy in regard to inflation and recession. Using data gathered from government publications, the economy was divided into periods of inflation, recession, and recession recovery. These periods were regressed against variables representing four schools of economic thought: monetarist scenario, structural scenario, power scenario, and micro, or supply side scenario. This study concludes that because of the complex nature of the economy, all representative variables have both positive and negative effects on the economy and no one scenario holds the key to economic stability.

Identiferoai:union.ndltd.org:unt.edu/info:ark/67531/metadc503841
Date08 1900
CreatorsO'Brien, Joan M.
ContributorsLuker, William A., Abernathy, Lewis M.
PublisherNorth Texas State University
Source SetsUniversity of North Texas
LanguageEnglish
Detected LanguageEnglish
TypeThesis or Dissertation
Formatiii, 41 leaves, Text
RightsPublic, O'Brien, Joan M., Copyright, Copyright is held by the author, unless otherwise noted. All rights reserved.

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