An econometric model for India with emphasis on the monetary sector

T Palanivel, LR Klein - The Developing Economies, 1999 - Wiley Online Library
The dynamic nexus between fiscal deficit, money supply, inflation, and output has once
again come into sharp focus in India as the Indian economy is currently passing through a
state of historic transition. In the Indian context, the interaction of the monetary sector with the
fiscal sector is particularly important given the fact that a substantial part of the fiscal deficit is
financed by the net RBI (Reserve Bank of India) credit to the government which, in turn, has
been the principal source of reserve money creation in India. In India, the gross fiscal deficit …

[ZITATION][C] An Econometric Model for India with Emphasis on the MonetarySector

P Thangavel, K Lawrence - The Developing economies, 1999 - cir.nii.ac.jp
An Econometric Model for India with Emphasis on the MonetarySector | CiNii Research …
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