Abstract

All throughout the economic tradition, economists have been interested in studying the positive effects of inflation. However, recent empirical research has found strong evidence that inflation has negative effects on economic growth. This thesis, "Inflation, Financial Development and Growth", is concerned with the degree of development of the financial markets and how these markets transmit the inflation effects. How that the availability of money alternatives allows the households and firms to escape inflation tax, and consequently results in social losses? How that the exchangeability of inside and outside money transmitted inflation effects? The main findings of this thesis are that financial markets transmit negative effects of inflation (reversed-Tobin effects) to the economic variables.

School

School of Humanities and Social Sciences

Department

Economics Department

Degree Name

MA in Economics

Date of Award

6-1-2002

Online Submission Date

1-1-2002

Document Type

Thesis

Extent

59 leaves

Library of Congress Subject Heading 1

Finance

Library of Congress Subject Heading 2

Inflation (Finance).

Rights

The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy.

Call Number

Thesis 2002/25

Location

mmbk

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Included in

Business Commons

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