Date of Award:
5-1995
Document Type:
Dissertation
Degree Name:
Doctor of Philosophy (PhD)
Department:
Economics and Finance
Department name when degree awarded
Economics
Committee Chair(s)
Terrence Glover
Committee
Terrence Glover
Abstract
Three macroeconomic issues are examined in separate self-contained studies. The first study tests the business cycle theory with application of an enhanced Augmented Dickey-Fuller test on the U.S. time series of real gross national product. Unlike previous studies, the null hypothesis of a unit root is rejected. The second study tests for IS-LM conditions in the U.S. during the post-Bretton Woods era by combining the Johansen's approach to cointegration with bootstrap algorithms. The estimated model produces a dynamic version of the IS-LM that permits short-term evaluations of fiscal and monetary policies. The third study seeks to explain the observed persistence in the Bolivan dollarization process. It is found that dollarization is now an irreversible process, with the Bolivian economy in transition toward equalization with U.S. prices and interest rates.
Checksum
b8717a4caf52e94c840c529025393570
Recommended Citation
Barja, Gover, "Time Series Analysis of Macroeconomic Conditions in Open Economies" (1995). All Graduate Theses and Dissertations, Spring 1920 to Summer 2023. 3561.
https://digitalcommons.usu.edu/etd/3561
Included in
Copyright for this work is retained by the student. If you have any questions regarding the inclusion of this work in the Digital Commons, please email us at .