Research Proposal Sample 2: PhD research proposal John Smith, Autumn Proposed supervisor: Hugh Grant Computer support of creativity in music compositionfor cinema and television Overview My research will be at the junction of three areas: creativity support, musical composition and human-computer interaction Doctoral Thesis Research Proposal () 1 of 18 Please note: This is a sample PhD thesis proposal for the School of Geography Environment and Earth Sciences at Victoria University. It may be used by PhD students as an example of the length an d form at of a past, accepted proposal, but it A Doctoral degree is the pinnacle of your academic career. As such, achieving one is no easy task and requires years of hard work. Beginning with choosing the right topic to writing a winning proposal that will get the approval from your university committee to writing the final thesis, the task requires high resolve, focus, and determination
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One of the toughest things to do when it comes to completing a voluminous and challenging PhD research project is the proposal. The thing about the PhD research proposal is that you have to encapsulate everything that you want to accomplish, communicate in a concise way what you want to do, the resources that it will require, and phd research thesis proposal you have to convince the reader of the viability and necessity of the project.
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We can help you to meet your short deadlines. Get your PhD research proposal without any hassle, contact us Now! The dynamics of hyperinflation and stabilization policies, phd research thesis proposal. The running of the country can be viewed commercially as a business enterprise by the economists. The business needs to be run in equilibrium; a balance between supply and demand must be stricken if the entrepreneur or the owner of the enterprise is to enjoy any benefits accrued by running a business.
In the case of a country, it should be governed in a way that that the prices of phd research thesis proposal and services are kept in control. The stakeholders must not let the prices escalate beyond the ability of a typical citizen, phd research thesis proposal.
Similarly, the release of cash into the economy should be maintained so that the flow of money is monitored and controlled, hence preserving the value of that particular currency. This proposal will dig into inflation and find out how inflation has affected economies of a country, in particular, Zimbabwe and the ways to stabilize this condition.
The dynamics of hyperinflation will also be looked into in detail to bring out the real picture and the damages it causes to an economy. The proposal will also focus on the causes of inflation in Zimbabwe and the how the theories of hyperinflation have applied in this phd research thesis proposal. The proposal will also look at the quantity theory of money and how it is associated with hyperinflation.
Hyperinflation can be defined as a situation where the prices of goods and services escalate beyond control that the concept of inflation is an understatement. Countries in hyperinflation usually experience rapid erosion of the real value of local currency prompting the population to hold a relatively stable foreign currency.
Hyperinflation makes the prices of goods and services in an economy to rise rapidly since the value of the local currency loses the real value quickly, phd research thesis proposal. It should be observed that Zimbabwe was the only country that was experiencing hyperinflation and the first in the 21st century to have hyperinflation.
Inflation in Zimbabwe has been perceived in two ways. First, the private sector speculation which the Zimbabwean authorities argue that the private sector rises up the prices intentionally to maximize profits on to pile pressure on the economy through ruthless price increments. Secondly, the authorities also believe that the withdrawal of aids and the international economic sanctions have led to an economic decline from the year This perception has the explanation that the printing and minting of excess money by the government is usually tailored to bridge the gap between the government revenue and the actual receipts, phd research thesis proposal.
This proposal phd research thesis proposal examine these concepts in depth. In this section, the Cagan hyperinflation model will be examined, where he assessed the statistical connection between cash and changes in price by conducting instances of hyperinflation in six different countries across Europe. According to Cagan, the demand for money balances declined with increase in inflation, assuming inflation played a significant role in determining hyperinflation.
Milton Friedman bases his view of hyperinflation in quantity theory of money. This theory states that the relationship between money and the price level is directly proportional.
This relationship implies that inflation will increase with an increase in money supply and the continued trend will lead to hyperinflation. In Zimbabwe, the supply of money and the prices of goods and services increased in tandem, as per the quantity theory of money because people opted to use the available cash immediately, rather than to wait on the depreciating cash. This, in turn, led to the increase of velocity as well as an increase of money through the printing of new currency, hence the exponential increase in prices of goods and services in Zimbabwe.
This proposal will seek to clarify the mechanisms through which money, the setting of price behavior and the requirements of government revenue collaborate in Zimbabwe, to examine the explanations put forth by the authorities about the hyperinflation in Zimbabwe. To achieve this goal, the proposal will look at various models and tests that will lead to the understanding of the hyperinflation.
In general, phd research thesis proposal, it is obvious that money engenders the rate of inflation, phd research thesis proposal, but the reverse could also be claimed to be true. It can be said that hyperinflation has self-perpetuating tendencies, due to the fact that the rise in prices of goods and services results in the rise in demand for nominal cash. Thus, causation develops from inflation to supply of money. This test investigates the amount of the existing value of money and premium is a utilizable component in the prediction of inflation.
This model provides the classical quantity theory of money which believes that institutional factors determine the rate of money circulation. The economy is assumed to be or close to the real GDP. In this case, the growth of money does not have an effect in the real GDP, phd research thesis proposal.
This implies that holding both variables constant, the growth rate of money is directly proportional to the rate of inflation. Inflation reduces money demand due to an increase in the opportunity cost of holding money. Hyperinflation in Zimbabwe increased the parallel market premium and consequently, a change in the parallel market premium affected the velocity of cash in the circulation. The data used here was derived from various sources including the website of the RBZ, phd research thesis proposal.
The inflation data and money supply were collected from RBZ while parallel exchange rate phd research thesis proposal collected from Carmen M.
Reinhart, a Harvard Kennedy School Professor of the International Financial System. The methodology in this paper employs heavily the ARDL co-integration approach for investigating the relationship between the inflation and its determinants. ARDL was used because it has several advantages over other models of co-integration. ARDL can be used with time series data, can also be employed in a general-to-specific modeling by including insufficient numbers to lags for the data generating and error correction model ECM can be derived using ARDL co-integration model.
Lagged change in the inflation and money supply growth are insignificant in the ARDL framework. Moreover, the ever-increasing prices are not unsustainable in the long-run; hence using the concept of long-run relations could give incorrect results.
Zimbabwe had almost all her prices listed in foreign currencies which fully wrote off inflation inertia. In this case, an exchange rate is a useful tool for curbing inflation rates thereby making stabilization of hyperinflation less costly in comparison to moderate methods of dealing with hyperinflation, phd research thesis proposal. Through Ordinary Least Squares method, hyperinflation in Zimbabwe is said o have been caused by phd research thesis proposal rapid growth of paper money.
The money demand model will seek to find out if this result is consistent. Additionally, a unit increase in the parallel market premium will result in an equivalent change in inflation. High rates of interest will deter borrowing and foster saving, slowing the economy and hence disinflationary effects.
The Treasury bill by the Zimbabwe government had turned the interest rates negative and this manipulation discouraged savings by the households. As per the Quantity Theory of money, hyperinflation phd research thesis proposal Zimbabwe could have been a monetary phenomenon and the only way to curb it would be to constrain the unnecessary money supply growth.
Hyperinflation in Zimbabwe had severe adverse effects on the economy in regard to wealth, savings and deposits. Prices of essential goods and services became unreachable, especially to those on inflexible incomes.
Countermeasures including price controls and foreign currencies ban to control the then escalating levels of inflation and the devaluation of the Zimbabwean currency were taken. The Zimbabwean dollar value diminished at a faster rate and the RBZ could not keep up with the printing.
This led to the abandonment of the Zimbabwean dollar in favor of the US dollar as well as the SA Rand. This study aimed at finding the causes of hyperinflation phd research thesis proposal Zimbabwe by using the right econometric models. Its main aim is to find out if the growth of money has a positive effect on inflation. Additionally, it will be aimed at finding out whether the parallel market premium is directly proportional to the growth of inflation.
Whether money supply is the primary driver of hyperinflation in Zimbabwe, the findings of the research will provide the answer. BBC News. Cato Institute. Larochelle, C, phd research thesis proposal. Alwang, and N. Journal of African Economies McIndoe Calder, Tara. Phd research thesis proposal Journal n. Makochekanwa, A. The University of Pretoria, phd research thesis proposal, Department of Economics : n. Reserve Bank of Zimbabwe RBZ , phd research thesis proposal.
Sokic, Alexandre. German Economic Review Works, Anchor, phd research thesis proposal. So check it out! You can also find out more phd research thesis proposal examples of research proposals if you contact us.
Check Out Great Research Proposal Samples! Spend just 5 minutes and get perfect PHD paper! Order now. The Dynamics of Hyperinflation and Stabilization Policies — the Case of Zimbabwe The dynamics of hyperinflation and stabilization policies The running of the country can be viewed commercially as a business enterprise by the economists. Rationale This proposal will dig into inflation and find out how inflation has affected economies of a country, in particular, Zimbabwe and the ways to stabilize this condition.
Introduction Hyperinflation can be defined as a situation where the prices of goods and services escalate beyond control that the concept of inflation is an understatement. Literature review In this section, phd research thesis proposal, the Cagan hyperinflation model will be examined, where he assessed the statistical connection between cash and changes in price by conducting instances of hyperinflation in six different countries across Europe.
Methodology This proposal will seek to clarify the mechanisms through which money, the setting of price behavior and the requirements of government revenue collaborate in Zimbabwe, to examine the explanations put forth by the authorities about the hyperinflation in Zimbabwe. Granger causality test In general, it is obvious that money engenders the rate of inflation, but the reverse could also be claimed to be true. Theoretical model This model provides the classical quantity theory of money phd research thesis proposal believes that institutional factors determine the rate of money circulation.
How To Write A Research Proposal? 11 Things To Include In A Thesis Proposal
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Research Proposal Sample 2: PhD research proposal John Smith, Autumn Proposed supervisor: Hugh Grant Computer support of creativity in music compositionfor cinema and television Overview My research will be at the junction of three areas: creativity support, musical composition and human-computer interaction A thesis proposal example from site web proposals will show you just how this can be achieved. Guide for Writing Thesis Proposals It may be the wording of your writing or unclear research goals that impede your proposal from moving to the next stage of approval Doctoral Thesis Research Proposal () 1 of 18 Please note: This is a sample PhD thesis proposal for the School of Geography Environment and Earth Sciences at Victoria University. It may be used by PhD students as an example of the length an d form at of a past, accepted proposal, but it
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