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Definitions and Measures of Money Supply in India

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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.

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File URL: http://mpra.ub.uni-muenchen.de/21391/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 21391.

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Date of creation: 10 Mar 2010
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Handle: RePEc:pra:mprapa:21391

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Keywords: bank; RBI; deposit; money supply; money stock; M1; M3;

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  1. Barnett, William A, 1982. "The Optimal Level of Monetary Aggregation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(4), pages 687-710, November.
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