controlling inflation by managing the money supply; iii) the results of the impulse response analysis find that the responses of … interest rate channel to achieve the desired impact on real economy and inflation is limited at this time; iv) the … investigation of inflation determinants suggests that real GDP, money supply and the exchange rate are important factors in …

This paper investigates the short run as well the long run relationships between money supply, inflation, government … inflationary pressure in the economy. Results show that inflation negatively effects economic growth probably due to adverse supply …