Das, Rituparna - Volkswirtschaftliche Fakultät, … - 2010
Researchers reported that - there were two approaches to money supply determination in India: balance sheet or … believed in the money multiplier theory, the other group of RBI economists, who were not accepting this theory; the debate gave … function; Bhattacharya (1972), Gupta (1972) and Marwah (1972) used regression techniques to estimate money multiplier in India …