Effect of Money Supply on Inflation
Keywords:
Money supply, inflation., measurement of inflation, demonetizationAbstract
Inflation has not been only an economic but also a political issue in India influencing society a lot. It has been a very important variable for policy makers too. Money supply is a strong phenomenon to influence the inflation in any economy. Present study throws light on various aspects of money supply and inflation in India such as our attitude towards inflation, optimum growth of money supply, measurement of inflation and demonetization etc.
References
Mythili Bhusnurmath. (2022 May 29). In current situation, other factors to impact growth much
more than rate hikes: C Rangarajan. [Online]. The Economic Times. [cited 2023 Aug 21]. Available
from: https://economictimes.indiatimes.com/markets/expert-view/in-current-situation-other-
factors-to-impact-growth-much-more-than-rate-hikes-c-rangarajan/articleshow/95854449.cms?
from=mdr
Brahmananda, Nagaraju. Estimates Of financial gain snap of Real M1 and Real M3 and of best
Growth Rates of M1 and M3 for worth Stability. Indian Econ J. 2001; 48(1): 1–8.
Chakraborty, Kulkarni. The Relationship between Desired and Actual cash Demand Adjustment
constant Estimation just in case of India. Indian Econ J. 1992; 39(1): 87–110.
BIS central bankers’ speeches. Duvvuri Subbarao: Financial literacy and financial inclusion are
integral to each other. [Online]. Available from: https://www.bis.org/review/r130305j.pdf
Yeldan G, Epstein G, Yeldan E. Inflation targeting, employment creation and economic
development: assessing the impacts and policy alternatives. Int Rev Appl Econ. 2023; 22(2): 131–
Available from: https://econpapers.repec.org/article/tafirapec/v_3a22_3ay_3a2008_3ai_3a2_
ap_3a131-144.htm [cited 2023 Aug 21]
Mazumder S. The stability of the Phillips curve in India: will the filmmaker critique apply? J Asian
Econ. 2011; 22(6): 528–539.
Phillips AW. The Relation Between Unemployment and the Rate of Change of Money Wage Rates
in the United Kingdom, 1861-1957. Economica. 1958 Nov 1; 25(100): 283–99. Available from:
https://onlinelibrary.wiley.com/doi/full/10.1111/j.1468-0335.1958.tb00003.x [cited 2023 Aug 21]
Britannica, The Editors of Encyclopedia. (2023 Jun 20). Gregorian calendar. [Online].
Encyclopedia Britannica. https://www.britannica.com/topic/Gregorian-calendar. Accessed 21
August 2023.
