The Effects of Monetary Policy on the Fifteen Major Metropolitan Statistical Areas in Texas

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dc.contributor.advisorBeckworth, David M.
dc.contributor.authorClairmont, Todd
dc.contributor.committeeMemberLeSage, James
dc.date.accessioned2012-06-13T20:56:16Z
dc.date.available2012-06-13T20:56:16Z
dc.date.issued2012-05
dc.description.abstractAs the Eurozone continues to deal with their crisis, the similarities of the causes of the crisis with the United States’ economy become more apparent. Monetary Policy is implemented by the Federal Reserve, a single central bank, by targeting the federal funds rate. Shocks in monetary policy implemented by the Fed causes responses in unemployment rates in MSAs across the country. Included in these MSAs are fifteen metropolitan areas in Texas. An analysis and correlation of the unemployment rates of these MSAs will be constructed in comparison to the United States using vector auto regression and impulse responses. Implications will then be presented to combat the disparities present between the economies.
dc.description.departmentHonors College
dc.formatText
dc.format.extent33 pages
dc.format.medium1 file (.pdf)
dc.identifier.citationClairmont, T. (2012). The effects of monetary policy on the fifteen major metropolitan statistical areas in Texas (Unpublished thesis). Texas State University-San Marcos, San Marcos, Texas.
dc.identifier.urihttps://hdl.handle.net/10877/4160
dc.language.isoen
dc.subjectmetropolitan statistical area (msa)
dc.subjectTexas
dc.subjectfederal reserve
dc.subjectTaylor gap
dc.subjectfederal funds rate
dc.subjectvector autoregression
dc.subjectunemployment rates
dc.subjectmonetary policies
dc.subjectHonors College
dc.titleThe Effects of Monetary Policy on the Fifteen Major Metropolitan Statistical Areas in Texas
thesis.degree.departmentHonors College
thesis.degree.disciplineFinance and Economics
thesis.degree.grantorTexas State University-San Marcos
txstate.documenttypeHonors Thesis

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