This thesis is a comparative macro model study of two countries distinct both institutionally and economically: the United States and Yugoslavia. An overview of post World-War II macroeconomic events is discussed in order to provide a background for the estimation and policy analysis of the respective macro models. Annual econometric macro models are then estimated and discussed over the period 1952-1984. Given the underlying macro model structures, model validation and tracking performance is undertaken. Following the historical performance of the models, alternative policy experiments are entertained. Expansionary fiscal and monetary policy experiments of equal magnitude are conducted for both the United States and Yugoslavia. The relative strengths of fiscal and monetary policy are then diagnosed. Further policy experiments tailored, more specifically, to the economic situation prevailing in the respective economies are conducted. / Source: Dissertation Abstracts International, Volume: 50-03, Section: A, page: 0746. / Major Professor: James H. Gapinski. / Thesis (Ph.D.)--The Florida State University, 1989.
| Identifer | oai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_77970 |
| Contributors | Payne, James Earl., Florida State University |
| Source Sets | Florida State University |
| Language | English |
| Detected Language | English |
| Type | Text |
| Format | 159 p. |
| Rights | On campus use only. |
| Relation | Dissertation Abstracts International |
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