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: | The Philippine Review of Business and Economics Vol. XXII, Nos. 3 & 4 (September & December 1985), p. 155-175. |
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| Main Author: | |
| Format: | Analytics |
| Language: | English |
| Published: |
1985.
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| Subjects: |