Work

Money and prices : some evidence from India

Year: 1998

Type: article

Abstract: The objective of this paper is to examine the long-run relationship between supply of money and prices. The prices considered are wholesale price and consumer price indices for industrial workers, urban non-manual workers and agricultural labourers. Using the null hypothesis of cointegration, it is shown that the supply of money and consumer price indices for urban non-manual workers and agricultural labourers are cointegrated in the long-run. Both the prices - namely, urban non-manual workers and agricultural labourers - form a stable relationship with money supply in the long-run.

Source: Applied Economics

DOI: 10.1080/000368498325525

Authors: Basanta K. Pradhan, A. Subramanian

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W2012544324

FWCI: 0.892

Cites: 14

Cited by: 17

Related to: 10