The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in … measures have also loomed over the global recession. This paper highlights the theoretical fallacies of monetarism and analyzes … the consequences of such policy measures in India, particularly during the period of the global recession. Not only did …

approach to economic theorising. -- Friedman ; macroeconomics ; Keynes ; Keynesianism. monetarism ; money ; inflation ; cycle … development of today's mainstream, stochastic, but essentially Walrasian, macroeconomic theory, rooted in his explicit deployment … of econometric theory in the analysis of forward-looking maximising behaviour in 1957, and in his later work on the …

development of today's mainstream, stochastic, but essentially Walrasian, macroeconomic theory, rooted in his explicit deployment … of econometric theory in the analysis of forward-looking maximising behaviour in 1957, and in his later work on the …

development of today's mainstream, stochastic, but essentially Walrasian, macroeconomic theory, rooted in his explicit deployment … of econometric theory in the analysis of forward-looking maximising behaviour in 1957, and in his later work on the …

This paper studies the welfare costs and the redistributive effects of inflation in the presence of idiosyncratic … money demand and the distribution of money holdings across households, and study the effects of inflation under the implied … inflation are on average 40% smaller compared to a complete markets, representative agent economy, and that inflation induces …

selection approach, the study interacts money supply, interest rate, economic growth, and inflation rate, among themselves and … their lagged values using the Vector Auto-regressive (VAR) analytical technique. The Classical quantity theory of money, the … Cambridge Cash Balanced, the liquidity preference theory and the Monetarists as theoretical frameworks were explored to …

of money, it causes inflation, in the absence of monetary intervention. If the monetary authority attempts to restore pre … credit cards, there is even more inflation, and less efficiency gains. The monetary authority might then have to accept less … than pre-credit card efficiency in order to restore pre-credit card price levels, or else it will have to accept inflation …