This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …

This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …

the price hikes in the early 1970s. We investigate the casual relations between real money and real income, between … nominal money and nominal income, and between nominal money and prices using using the annual data set from 1959-60 to 2003 … case of income, the study finds the feed back mechanism of money, which is generally missing in the earlier studies …