Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/3376
Title: Money supply determinants and their relative contribution to monetary growth in India
Authors: Gupta, G. S.
Issue Date: 24-Apr-1972
Citation: Indian Economy Review, VII,1, (Apr. 1972), 33-52
Abstract: The paper presents a simple money multiplier model for India. The model is used to quantify the relative contributions of the 15 direct determinants of the money supply to the rate of change in the money stock during the period 1948-19 through 1967-68. The relative contributions are evaluated, separately of each important determinant, and also of policy and non-policy variables; in each yea, in each of the country’s three five year plans, and in the 19 year period as a whole. It is inferred that the money stock is neither wholly determined by nor is under strick control of the government(including the country’s central bank) sector.
URI: http://hdl.handle.net/11718/3376
Appears in Collections:Journal Articles

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