The monetarist models of inflation the case of the Philippines
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 concentrati...
| Published in: | Philippine Review of Economics and Business (formerly The Philippine Review of Business and Economics) Vol. XXII, no. 3 & 4 (Sep. 1985 - Dec. 1985), 155-175 |
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| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
1985
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| Subjects: |