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Definitions and Measures of Money Supply in India

Author

Listed:
  • 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
    as

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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. 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.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

    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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