The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy

56 p.

Saved in:

Bibliographic Details
Main Author:	Joseph Edison Junior
Other Authors:	Tan Khee Giap
Format:	Final Year Project
Published:	2014
Subjects:	DRNTU::Business
Online Access:	http://hdl.handle.net/10356/57701
Tags:	Add Tag No Tags, Be the first to tag this record!
Institution:	Nanyang Technological University

id	sg-ntu-dr.10356-57701
record_format	dspace
spelling	sg-ntu-dr.10356-577012023-05-19T03:30:07Z The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy Joseph Edison Junior Tan Khee Giap Nanyang Business School DRNTU::Business 56 p. In our study, we would cover the theoretical aspects of the New Classical Economic school of thought, the Price Expectations Augmented Phillips's curve, of which would be compared and contrasted with each other. This model will encompass the rational expectations model, that was propounded by John Muth(1961). A multi-equation composed of the major sectors of the economy, like the labour and goods sector, the output sector and the wage-price sector, would be used to econometrically and empirically produce some invaluable findings, that assist economic agents in helping the Singapore economy reach its medium to long-term sustainable growth band potential. A slight replication of the model that was used by Adams and Coe( IMF Staff Papers, 1990) for the US economy would be used. But unlike the American's huge economic base of strong local demand and supply, the Singapore economy is notably highly dependent on the external demand, as we are small in our economic consumption potential. In view of the formulation of our study, we would try to provide economic agents like the Government, possible indicators or variables that can help in smoothing out the economic policy management variables, i.e. the rate of inflow of foreign labour to augment the tight labour market. BUSINESS 2014-04-07T10:56:02Z 2014-04-07T10:56:02Z 1997 1997 Final Year Project (FYP) http://hdl.handle.net/10356/57701 Nanyang Technological University application/pdf
institution	Nanyang Technological University
building	NTU Library
continent	Asia
country	Singapore Singapore
content_provider	NTU Library
collection	DR-NTU
topic	DRNTU::Business
spellingShingle	DRNTU::Business Joseph Edison Junior The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy
description	56 p.
author2	Tan Khee Giap
author_facet	Tan Khee Giap Joseph Edison Junior
format	Final Year Project
author	Joseph Edison Junior
author_sort	Joseph Edison Junior
title	The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy
title_short	The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy
title_full	The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy
title_fullStr	The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy
title_full_unstemmed	The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy
title_sort	natural rate of output, supply-side potential and the long-term sustainable growth band for the singapore economy
publishDate	2014
url	http://hdl.handle.net/10356/57701
_version_	1770567188419182592

The natural rate of output, supply-side potential and the long-term sustainable growth band for the Singapore economy

Similar Items