Misery index : theory and application to Singapore.

• Main Authors: Lin, Jiehui., Chew, Amelia Li Ting.
• 其他作者: Chew Soon Beng
• 格式: Final Year Project
• 語言: English
• 出版: 2013
• 主題: DRNTU::Social sciences::Economic theory::Macroeconomics
• 在線閱讀: http://hdl.handle.net/10356/52003
• 機構: Nanyang Technological University

The purpose of this paper is to develop a suitable misery index for Singapore. The index is used to capture the movements of the aggregate demand (AD) curve and prevent the government from engaging in soft-options trade-offs between inflation and unemployment. Numerous models will be discussed and t...