Definitions and Measures of Money Supply in India

Rituparna Das

MPRA Paper from University Library of Munich, Germany

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.

Keywords: bank; RBI; deposit; money supply; money stock; M1; M3 (search for similar items in EconPapers)
JEL-codes: E51 (search for similar items in EconPapers)
Date: 2010-03-10
New Economics Papers: this item is included in nep-cwa, nep-mac and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/65162/11/MPRA_paper_65162.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:21391

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