Maitra, Biswajit; Mukhopadhyay, C. K. - 2012
The relation between money and price has unique relevance in price stability. Rational expectations theorists hold that … both anticipated and unanticipated money supply affect price level. This paper addresses this issue and enquires if … anticipated and unanticipated money supplies have any role in the variations in whole sale and consumer prices (WPI & CPI) in …