Spectral analysis: money, income and price, 1962-1987
Author
Özyıldırım, Sezgin
Advisor
Oral, Ahmet
Date
1990Publisher
Bilkent University
Language
English
Type
ThesisItem Usage Stats
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Abstract
In this study, the influence of monetary policy upon the price level and
the real income over the business cycle is analyzed. The cross-spectral
analysis, which is utilised in this study, minimises the effects of
differential goverment policies. The observation period is from 1962 to
1987. The findings of the study show that the monetary policy has a
significant influence upon the price level and so on the inflation as well.
Keywords
MonetarismKeynesian,
causality
stationary
spectral analysis
cross spectral analysis
phase diagram
gain diagram
coherence diagram