This paper re-examines the causal relationship between money, income and prices in Bangladesh during the period 1972/73 to 2009/10. Cointegration analysis indicates a long-run relationship among the variables. Based on the Error Correction Model (ECM), a bidirectional causality between money and income has been observed. Therefore, monetary policy should be formulated by taking into account the feedback effects of output on money. Money supply can be considered as an effective control variable as causality is found to run from money to prices supporting the Monetarists. Key Words: Cointegration, Error Correction Model, Bivariate Causality, Trivariate Causality, Bangladesh
This study re-examines the causal relations between money and the two variables, i.e., income and pr...
This study re-examines the causal relations between money and the two variables, i.e., income and pr...
The study analyzed the major determinants of inflation in Bangladesh using data for the period from ...
This paper re-examines the causal relationship between money, income and prices in Bangladesh during...
This paper examines the relative impacts of money on economic growth and inflation in the economy of...
This paper seeks to examine the causal relationship between money and income in Bangladesh economy c...
Money supply can affect both income and price level – which is the baseline theory of monetarist. Ke...
The demand for money is a critical component in the formulation of and implementation of monetary po...
After commencing the cash economy money appeared as an engine of economic growth. The endeavor has g...
The objective of the paper is to re-examine the causal relationship between money and prices in Paki...
The demand for money is crucial important tool of monetary policy to deal with the macroeconomic pro...
This paper re-examines the causal relationship between money and income and between money and prices...
This paper re-examines the causal relationship between money and income and between money and prices...
The demand for money is crucial important tool of monetary policy to deal with the macroeconomic pro...
The objective of the paper is to re-examine the causal relationship between money and prices in Paki...
This study re-examines the causal relations between money and the two variables, i.e., income and pr...
This study re-examines the causal relations between money and the two variables, i.e., income and pr...
The study analyzed the major determinants of inflation in Bangladesh using data for the period from ...
This paper re-examines the causal relationship between money, income and prices in Bangladesh during...
This paper examines the relative impacts of money on economic growth and inflation in the economy of...
This paper seeks to examine the causal relationship between money and income in Bangladesh economy c...
Money supply can affect both income and price level – which is the baseline theory of monetarist. Ke...
The demand for money is a critical component in the formulation of and implementation of monetary po...
After commencing the cash economy money appeared as an engine of economic growth. The endeavor has g...
The objective of the paper is to re-examine the causal relationship between money and prices in Paki...
The demand for money is crucial important tool of monetary policy to deal with the macroeconomic pro...
This paper re-examines the causal relationship between money and income and between money and prices...
This paper re-examines the causal relationship between money and income and between money and prices...
The demand for money is crucial important tool of monetary policy to deal with the macroeconomic pro...
The objective of the paper is to re-examine the causal relationship between money and prices in Paki...
This study re-examines the causal relations between money and the two variables, i.e., income and pr...
This study re-examines the causal relations between money and the two variables, i.e., income and pr...
The study analyzed the major determinants of inflation in Bangladesh using data for the period from ...