Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055620 | Economic Modelling | 2011 | 11 Pages |
Abstract
⺠Re-examination of the role of monetary aggregates in monetary policy formulation. ⺠Causality testing of role of monetary aggregates in influencing output and inflation. ⺠Causality tests exeuted across spectral frequency bands and wavelet time scales. ⺠Causality relations may vary across frequency bands and time scales. ⺠Monetary aggregates not irrelevant as leading indicators of output and inflation.
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Authors
D.M. Nachane, Amlendu Kumar Dubey,