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http://hdl.handle.net/11718/1535| Title: | How much does money matter in India |
| Authors: | Sharma, Ram Lal |
| Keywords: | Money;Keynsian economics |
| Issue Date: | 23-Mar-2010 |
| Series/Report no.: | WP;1987/703 |
| Abstract: | How much money matters i.e. to what extent changes in the stock of money affect economic activity represented by nominal national income or real national income, has been hotly debated in the literature of monetary economics. The Monetarists consider money to be a very important strategic variable determining economic activity and accuse the keynesians of not recognizing this fact. The Keynesians now are rather on the defence and attempt to show that in their system too, money is important. |
| URI: | http://hdl.handle.net/11718/1535 |
| Appears in Collections: | Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| WP 1987_703.pdf | 1.2 MB | Adobe PDF | View/Open |
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