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Definitions and Measures of Money Supply in India

Author

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  • Das, Rituparna

Abstract

A major part of this paper is literature review. The paper compiles in a nutshell all studies on definitions and measures of Money supply in India in a chronological yet logically consistent manner In doing so, alternative measures of money supply have been compared in this paper and it is found that the measure used by RBI is statistically more significant than the other advocated by a number of authors.

Suggested Citation

  • Das, Rituparna, 2010. "Definitions and Measures of Money Supply in India," MPRA Paper 21391, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:21391
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    File URL: https://mpra.ub.uni-muenchen.de/21391/1/MPRA_paper_21391.pdf
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    File URL: https://mpra.ub.uni-muenchen.de/65162/11/MPRA_paper_65162.pdf
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    References listed on IDEAS

    as
    1. William A. Barnett, 2000. "The Optimal Level of Monetary Aggregation," Contributions to Economic Analysis, in: The Theory of Monetary Aggregation, pages 125-149, Emerald Group Publishing Limited.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Dilip M. Nachane, 2018. "The Global Crisis According to Post-Keynesians," India Studies in Business and Economics, in: Critique of the New Consensus Macroeconomics and Implications for India, chapter 0, pages 205-220, Springer.

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    More about this item

    Keywords

    bank; RBI; deposit; money supply; money stock; M1; M3;
    All these keywords.

    JEL classification:

    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers

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