Author Type

Graduate Student

Date of Award

1995

Document Type

Thesis

Publication Status

Version of Record

Submission Date

October 2026

Thesis/Dissertation Advisor [Chair]

Yuhn, Ky-Hyang

Abstract

The main contribution of this thesis is the determination of how long it takes for an adjustment in the short-term interest rate to effect inflation. In order to ascertain this, a good amount of economic theory is covered, including a rudimentary explanation of inflation and interest rates, a brief history of monetary policy in the United States, an analysis of the relationship between long- and short-term interest rates, the importance of credibility and inertia, and a detailed review of interest rate policy since 1979. This, in conjunction with empirical analysis, does in fact offer an answer to this question.

Extent

95 p.

Comments

College of Business|FAU Electronic Theses and Dissertations Collection|Thesis (M.A.)--Florida Atlantic University, 1995.|College of Business

Identifier

FADT15181

Format

pdf

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