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A Study of the Effectiveness of Four Competing Scenarios in Explaining the Causes of Stagflation

Description: This study investigates the relationship between stagflation and price stability and full employment and four economic scenarios and the economic condition. The data used in the study were obtained from government publications and were analyzed using hierarchical multiple regression. The standard inferential apparatus were employed. Give independent variables were found to be significant in explaining the causes of stagflation. These were: absolute change in M1, oil embargo of 1974, corporate p… more
Date: August 1983
Creator: Hurlbut, Toni T. (Toni Thompson)
Partner: UNT Libraries
open access

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

Description: 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 th… more
Date: August 1983
Creator: O'Brien, Joan M.
Partner: UNT Libraries
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