Since 2014
The Monetarist Models of Inflation: The Case of the Philippines
Philippine Review of Economics
View Archive Info| Field | Value | |
| Title |
The Monetarist Models of Inflation: The Case of the Philippines
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| Creator |
Lim, Joseph; Assistant Professor of Economics, University of the Philippines
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| Subject |
—
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| Description |
This paper uses annual Philippine data (1953—1980) to test two monetarist models, namely, the Harberger equation and the Barro two-equation system. The estimation results point to specification errors in both models. This can be interpreted as partial evidence that the monetarist’s concentration on aggregate demand may have led him to omit relevant supply-side effects on output growth and general price inflation.
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| Publisher |
Philippine Review of Economics
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| Contributor |
—
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| Date |
1985-12-11
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/326
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| Source |
Philippine Review of Economics; Vol 22, No 3 & 4 (1985)
1655-1516 |
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/326/358
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| Rights |
Copyright (c) 2017 Philippine Review of Economics
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