The quantity theory v. the income expenditures theory using Robert Eisner's adjusted federal budget deficit

dc.contributor.authorDenk, Roberten
dc.contributor.committeechairMeiselman, David I.en
dc.contributor.committeememberMackay, Robert J.en
dc.contributor.committeememberFurbush, S. Deanen
dc.contributor.departmentEconomicsen
dc.date.accessioned2014-03-14T21:32:49Zen
dc.date.adate2009-04-07en
dc.date.available2014-03-14T21:32:49Zen
dc.date.issued1990-10-15en
dc.date.rdate2009-04-07en
dc.date.sdate2009-04-07en
dc.description.abstractThis thesis examines the work of Robert Eisner of Northwestern University concerning the appropriate measure of the federal government budget deficit. Eisner proposes specific adjustments to be incorporated into the calculation of the federal budget deficit in order to account for the effects of inflation. These adjustments effect the federal budget deficit via the effect of inflation on the level of federal debt outstanding and the interaction between this debt and the deficit. The focus of this study is a comparison of the Quantity theory and the Income-Expenditure theory of national income determination (in the tradition of Friedman and Meiselman, 1963) using Eisner’s adjusted measure of the deficit for the period 1955 - 1984. This comparison is made between adjusted and unadjusted deficits as measured by the National Income and Product Accounts and as measured by the Cyclically Adjusted (or High Employment) budget.en
dc.description.degreeMaster of Artsen
dc.format.extentv, 65 leavesen
dc.format.mediumBTDen
dc.format.mimetypeapplication/pdfen
dc.identifier.otheretd-04072009-040445en
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-04072009-040445/en
dc.identifier.urihttp://hdl.handle.net/10919/41909en
dc.language.isoenen
dc.publisherVirginia Techen
dc.relation.haspartLD5655.V855_1990.D453.pdfen
dc.relation.isformatofOCLC# 23961187en
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subject.lccLD5655.V855 1990.D453en
dc.subject.lcshBudget deficits -- United Statesen
dc.subject.lcshNational income -- United States -- Accountingen
dc.subject.lcshQuantity theory of moneyen
dc.titleThe quantity theory v. the income expenditures theory using Robert Eisner's adjusted federal budget deficiten
dc.typeThesisen
dc.type.dcmitypeTexten
thesis.degree.disciplineEconomicsen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.levelmastersen
thesis.degree.nameMaster of Artsen
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