Adil, Masudul Hasan; Hatekar, Neeraj R. - In: Cogent Economics & Finance 11 (2023) 1, pp. 1-20
The stable money demand function is a crucial policy tool of the monetary policy of any central bank, which links the … bound. It is crucial to know whether money demand is stable for inferring a sound monetary policy. To this end, the present … study examines the short- and long-run money demand relationship and its stability in India from 2006:Q3 to 2019:Q4. The …