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En enkel monetaristisk modell av Sveriges ekonomi

Hedenström, John (1973) In MSc Theses
Department of Automatic Control
Abstract
First in this master thesis some classical dynamic models for macroeconomic systems are presented. Then follow comparisons between keynesian and monetarist models. The greatest part of the thesis deals with different constructions of monetarist models for Sweden in the shape of linear difference equations with constant coefficients. The starting-point has been a well-known examination of the U.S. economy, the so called St.Louis model. <br><br>The accordance between monetary and fiscal actions, export and national income has been examined with reference to the period 1954-71. The estimations of coefficients have been done with maximum-likelihood and least-square identification on a PDP-15 computer. <br><br> In spite of some imperfections in... (More)
First in this master thesis some classical dynamic models for macroeconomic systems are presented. Then follow comparisons between keynesian and monetarist models. The greatest part of the thesis deals with different constructions of monetarist models for Sweden in the shape of linear difference equations with constant coefficients. The starting-point has been a well-known examination of the U.S. economy, the so called St.Louis model. <br><br>The accordance between monetary and fiscal actions, export and national income has been examined with reference to the period 1954-71. The estimations of coefficients have been done with maximum-likelihood and least-square identification on a PDP-15 computer. <br><br> In spite of some imperfections in certain data series and only 72 samples for each variable you can get a good idea of the way in which the examined variables affect each other. <br><br> Among other things the models show that during the actual period monetary actions on one hand and fiscal actions and export on the other have had different influences on the Swedish national income. These examinations have been compared with those made in USA, Denmark, Finland and Norway. <br><br> In appendices a well-known and debated method of applying time-delays on economic models as well as different ways of season adjusting economic data are given an account of. (Less)
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author
Hedenström, John
supervisor
organization
year
type
H3 - Professional qualifications (4 Years - )
subject
publication/series
MSc Theses
report number
TFRT-5135
ISSN
0346-5500
language
Swedish
id
8850524
date added to LUP
2016-03-29 15:55:35
date last changed
2016-03-29 15:55:35
@misc{8850524,
  abstract     = {First in this master thesis some classical dynamic models for macroeconomic systems are presented. Then follow comparisons between keynesian and monetarist models. The greatest part of the thesis deals with different constructions of monetarist models for Sweden in the shape of linear difference equations with constant coefficients. The starting-point has been a well-known examination of the U.S. economy, the so called St.Louis model. <br><br>The accordance between monetary and fiscal actions, export and national income has been examined with reference to the period 1954-71. The estimations of coefficients have been done with maximum-likelihood and least-square identification on a PDP-15 computer. <br><br> In spite of some imperfections in certain data series and only 72 samples for each variable you can get a good idea of the way in which the examined variables affect each other. <br><br> Among other things the models show that during the actual period monetary actions on one hand and fiscal actions and export on the other have had different influences on the Swedish national income. These examinations have been compared with those made in USA, Denmark, Finland and Norway. <br><br> In appendices a well-known and debated method of applying time-delays on economic models as well as different ways of season adjusting economic data are given an account of.},
  author       = {Hedenström, John},
  issn         = {0346-5500},
  language     = {swe},
  note         = {Student Paper},
  series       = {MSc Theses},
  title        = {En enkel monetaristisk modell av Sveriges ekonomi},
  year         = {1973},
}