Log in

Relevant bibliographies by topics / Broad money supply / Journal articles

To see the other types of publications on this topic, follow the link: Broad money supply.

Journal articles on the topic 'Broad money supply'

Author: Grafiati

Published: 4 June 2021

Last updated: 27 July 2025

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 journal articles for your research on the topic 'Broad money supply.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.

1

Kudar, Alibey. "The Asymetric Relation between Money Supply and Inflation." Statistika: Statistics and Economy Journal 104, no. 3 (2024): 292–305. http://dx.doi.org/10.54694/stat.2023.24.

Full text

Abstract:

In this study using yearly data, it is examined if the effect of money supply (broad money) on inflation is asymmetric or not. 38 countries which have 5% and above inflation rate in average during the period of 1989–2018 are investigated through the panel data analyses. The study differs from other researches, which use monetary shocks in explaining the asymmetric relation, in which that it uses broad money change intervals along with control variables to see the asymmetric impact. Using broad money change intervals, it is concluded that the relation between broad money and inflation is explai

APA, Harvard, Vancouver, ISO, and other styles

2

Phoong, Seuk Wai, and Ying Jia Yeoh. "An MSI-VAR Approach on investigating the broad money supply and consumer price index in Malaysia." 12th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES 12, no. 1 (2021): 62. http://dx.doi.org/10.35609/gcbssproceeding.2021.12(62).

Full text

Abstract:

According to monetarism, the money supply is the leading cause of increasing price level in the short and long run. Previous works investigated the effect of money supply on inflation in several countries; however, inconsistent arguments from these studies resulted in the exploration of the correlations between money supply and inflation via a different approach in this work. This study investigates the broad money supply and consumer price index (CPI) using the Markov switching vector autoregressive model. The CPI, with 2010 as its base year, was used as a proxy for Malaysia's inflation. The

APA, Harvard, Vancouver, ISO, and other styles

3

Asongo, Simon, Sunday Akiri, and Member Ahemen. "Broad Money Supply and Economic Growth: Evidence from Sub-Saharan Africa." International Journal of Advanced Research in Public Policy, Social Development and Enterprise Studies 5, no. 1 (2024): 190–207. https://doi.org/10.48028/iiprds/ijarppsdes.v5.i1.15.

Full text

Abstract:

This study examines the impact of broad money supply on economic growth using sub-Saharan Africa as a focal point covering the period from 1995 to 2021 on data generated from World Development Indicator. The study employs Blundell and Bond system GMM technique for the estimation. Real gross domestic product is proxied for economic growth which is the dependent variable. Broad money supply is used in the study as a variable of main interest. Other control variables include labour force, industrial value added, trade openness and gross fixed capital formation. The study reveals that broad money

APA, Harvard, Vancouver, ISO, and other styles

4

Mani Adhikari, Gyan, Achyut Gnawali, and Binod Joshi. "MONETARY EXPANSION AND ECONOMIC GROWTH IN NEPAL: A VECM APPROACH." PERFORMANCE: Jurnal Bisnis & Akuntansi 15, no. 1 (2025): 170–77. https://doi.org/10.24929/feb.v15i1.4188.

Full text

Abstract:

Modeling the relationship between money supply and national output has been one of the main controversial issues of interest for economists, researchers, and policymakers, over the past few years.. Economies worldwide aim to achieve a high output growth rate and stability in the general price level. There are debates between Keynesian and monetarists about the relationship direction between money supply and output. Monetarists argue that changes in the amount of money lead to unexpected changes in nominal income because of money stability. In contrast, Friedman assumes that it is the most stab

APA, Harvard, Vancouver, ISO, and other styles

5

Razia, Alaa, and Mostafa Omarya. "The Impact of the Broad Money Supply (M2) on Economic Growth per Capita in Palestine." International Journal of Business Ethics and Governance 5, no. 2 (2022): 1–10. http://dx.doi.org/10.51325/ijbeg.v5i2.86.

Full text

Abstract:

This study examines the effect of the broad money supply (M2) on the per capita economic growth in Palestine using time series data from 2000 to 2020. The study used autoregressive distributed lag model (ARDL), the cointegration approach and the error correction model to investigate the effect of money supply on gross domestic product (GDP) per capita. The model is determined by four macroeconomic variables, namely, gross domestic product (GDP) per capita, broad money supply (M2), gross fixed capital formation (GFCF), and inflation rate (INF). The results show that the money supply, the total

APA, Harvard, Vancouver, ISO, and other styles

6

Bara' Tiku, Intan, Abd. Rahim, Sri Astuty, Diah Retno Dwi Hastuti, and Muhammad Syafri. "Analysis of Factors Affecting Broad Money of Five ASEAN Countries." International Journal of Economics (IJEC) 4, no. 1 (2025): 274–86. https://doi.org/10.55299/ijec.v4i1.1291.

Full text

Abstract:

This study evaluates the factors that influence the broad money of five ASEAN countries. Global economic uncertainty due to financial crises, geopolitical conflicts and pandemics has affected the region's economic stability. Central banks have a role in controlling broad money through monetary policy, but its effectiveness is affected by other factors such as GDP, interest rates and inflation. Moreover, the relationship between GDP growth, inflation, and interest rates with broad money is a major concern, as the trend of broad money growth in the 5 ASEAN countries continues to increase every y

APA, Harvard, Vancouver, ISO, and other styles

7

Emilda, Emilda, Kgs M. Nurkholis, and Andini Utari Putri. "Adakah Pengaruh Peningkatan Transaksi Pembayaran Nontunai terhadap Jumlah Uang Beredar selama Pandemi Covid - 19." Jesya 7, no. 1 (2024): 1168–82. http://dx.doi.org/10.36778/jesya.v7i1.1573.

Full text

Abstract:

This research aims to find out whether there are non-cash payments regarding the amount of money circulating in Indonesia during the Covid-19 pandemic. The money supply used in this research is narrow money (M1) and broad money (M2). Non-cash payments in this research are represented by four transaction schemes, namely the card payment system (APMK), electronic money, Bank Indonesia's national clearing system (SKNBI), and the BI-RTGS system. The Error Correction Model is used to study the relationship between non-cash payment systems and the money supply. Data processing in this research uses

APA, Harvard, Vancouver, ISO, and other styles

8

Ahmed, Ghassan Ibrahim. "Measuring the Asymmetric Effects of Broad Money Supply Policy and Its Impact on Public Spending Using the Bootstrap NARDL Model: Iraq as a Case Study." South Asian Research Journal of Business and Management 7, no. 03 (2025): 199–208. https://doi.org/10.36346/sarjbm.2025.v07i03.003.

Full text

Abstract:

The Iraqi economy suffers from increased public spending due to the rise in money supply resulting from the growth in hard currency oil revenues. Therefore, this research aims to determine the relationship between broad money supply and public spending. The study is based on the hypothesis that a monetary policy shock, represented by money supply, has a positive and proportional impact on public spending. To test this hypothesis, the inductive method was employed alongside the analysis of several macroeconomic variables and the measurement of asymmetric effects using the dynamic cumulative mul

APA, Harvard, Vancouver, ISO, and other styles

9

Bhattarai, Dhundi Raj, Bhanu Bhakta Sharma, and Churamani Pandeya. "Bank Regulations and Credit Risk of Nepalese Commercial Banks." NCC Journal 9, no. 1 (2024): 13–18. https://doi.org/10.3126/nccj.v9i1.72239.

Full text

Abstract:

Purpose of this study is to measure the impact of banking regulations specifically base rate, weighted average spread rate, bank capital, loan loss reserve, and broad money supply on credit risk of commercial banks in Nepal. Descriptive, correlational, and casual comparative research design have been used in this study. This study is based on secondary sources of data. Data were collected from annual audit reports of twenty- six commercial banks from fiscal year 2012/13 to 2018/19 out of twenty- seven, and from fiscal year 2020 to 2022, nineteen commercial banks out of twenty. Rastriya Banijya

APA, Harvard, Vancouver, ISO, and other styles

10

Djaballah, Mustapha. "The Relationship Between the Financial Innovation and the Money Supply: Empirical Study on the Maghreb Countries." Economics and Business 34, no. 1 (2020): 168–78. http://dx.doi.org/10.2478/eb-2020-0012.

Full text

Abstract:

AbstractThis article examines the relationship between money supply and financial innovation in the Maghreb countries over the period of 1980–2018 for a large annual data set on five Maghreb countries using the panel autoregressive distributed lag model (PANEL-ARDL). The results obtained from the cointegration technique of Pesaran and Shin (1999) confirm that a long-term relationship exists between M2 and its determinants: GDP, inflation, and the credit interest rate. Above all, the results of the research show that mobile money positively and significantly influences the money supply both in

APA, Harvard, Vancouver, ISO, and other styles

11

C.C., Okeke, Maduka O.D., and Okonkwo I.C. "Determinants of Private Sector Growth in Nigeria, 1981 - 2020." African Journal of Economics and Sustainable Development 5, no. 2 (2022): 1–20. http://dx.doi.org/10.52589/ajesd-36otgp1x.

Full text

Abstract:

This study examines and analyses the determinants of private sector growth in Nigeria. The dependent variable is Private Sector Growth (PSG) and the independent variables are Real Gross Domestic Product (RGDP), Interest Rate (INTR), Per Capita Income (PCI), Inflation Rate (INFR), Exchange Rate (EXR), Broad Money Supply (BMS). The data for the study were sourced from CBN Statistical Bulletin, 2019 / 2020 edition from 1981 to 2020. The study employed Cointegration and Error Correction Mechanism as the main analytical tool. It also applied the unit root test and results showed that the data were

APA, Harvard, Vancouver, ISO, and other styles

12

Bhattacharjee, Animesh, and Joy Das. "Investigating the Effect of Broad Money Supply on Stock Market Index and Market Capitalization: Evidence from Liberalized India." Jindal Journal of Business Research 10, no. 2 (2021): 185–98. http://dx.doi.org/10.1177/22786821211047615.

Full text

Abstract:

The present study investigates the effect of changes in money supply on both Indian stock market sensitive index and stock market overall capitalization by employing unit root test with break point, Johansen’s cointegration test, vector error correction (VEC) model, VEC Granger causality test, variance decomposition, and impulse response function. The result of the unit root test reveals that all the variables are nonstationary in levels but become stationary at the first-order difference. The unit root test further reveals that there are structural breaks in the mid-1990s or 2000s. The Johans

APA, Harvard, Vancouver, ISO, and other styles

13

Xiaojun, Li, Yang Yuliang, and Pang Qiwei. "The Trend of China's Money Supply under the New Situation and the Study of Its Implications." Global Academic Frontiers 2, no. 4 (2024): 20–34. https://doi.org/10.5281/zenodo.13998180.

Full text

Abstract:

In the past few years, China's economy has encountered a series of intricate internal and external challenges, encompassing the impact of COVID-19, shifts in the global economic landscape, and domestic economic structural adjustments. During the period from 2021 to 2023, several significant changes occurred in the domestic and international economic and financial situations, such as escalating global inflationary pressures, interest rate hikes by the Federal Reserve, and heightened fluctuations in the RMB exchange rate, all of which exerted an influence on the domestic money supply. This study

APA, Harvard, Vancouver, ISO, and other styles

14

Banerjee, Sayan. "Broad Money Supply and Financial Condition Index for Indian Economy." Advances in Economics and Business 5, no. 2 (2017): 103–7. http://dx.doi.org/10.13189/aeb.2017.050207.

Full text

APA, Harvard, Vancouver, ISO, and other styles

15

Mansoor, Abdul, Quratulain Shoukat, Shagufta Bibi, Khushbakht Iqbal, Romana Saeed, and Khalid Zaman. "The Relationship between Money Supply, Price Level and Economic Growth In Pakistan: Keynesian versus Monetarist View." Review of Economic and Business Studies 11, no. 2 (2018): 49–64. http://dx.doi.org/10.1515/rebs-2018-0073.

Full text

Abstract:

AbstractThe objective of the study is to examine the relationship between money supply, price level and economic growth in the context of Pakistan by using Autoregressive Distributed Lag (ARDL) model, covered a period of 1980 to 2016. The results confirm the long-run relationship between the variables while using broad money supply as a response variable. However, in the price and income modeling, the variables do not support the cointegration relationship between the variables. The causality results confirmed the unidirectional relationship running from income to money supply, which implies t

APA, Harvard, Vancouver, ISO, and other styles

16

Leo, Jonathan Gimmy. "The Macroeconomic Impact of Crude Oil Price Fluctuations in Nigeria." Futurity of Social Sciences 2, no. 3 (2024): 147–81. http://dx.doi.org/10.57125/fs.2024.09.20.09.

Full text

Abstract:

The main objective of the study was to determine the way fluctuations in the price of crude oil affected macroeconomic variables in Nigeria from 2000 Q1 to 2022 Q4. The data was analysed in the paper using Structural Vector Autoregressive (SVAR) models. According to the findings, Nigeria's current economic growth has been significantly impacted by lag GDP values. This indicates that economic growth in Nigeria was significantly impacted by one-period lag GDP by 3,791.7 units in the short-run and 7,430.4 units in the long-run. Also in the short-run, the current broad money supply was significant

APA, Harvard, Vancouver, ISO, and other styles

17

Li, Wenzhe. "Using the balance sheet framework for monetary analysis: The case of China." Economic Affairs 44, no. 3 (2024): 501–26. http://dx.doi.org/10.1111/ecaf.12669.

Full text

Abstract:

AbstractMonetary analysis has been out of fashion lately. However recent economic and inflation dynamics call for renewed attention. Since 2021, broad money growth has been associated with high inflation and overheated production. Central banks and academia should pay more attention to monetary analysis to understand the economic dynamics and formulate better monetary policy. This article briefly reviews the monetary analysis practices of major central banks and then focuses on China as a case study. We set out the features of the balance sheet of depository corporations, and use it as a basic

APA, Harvard, Vancouver, ISO, and other styles

18

Qodirova, Ozoda Tog'aynazarov Shaxzod. "THE LAW OF DEMAND AND SUPPLY WITH THE CONNECTION OF MONEY." INTERNATIONAL BULLETIN OF APPLIED SCIENCE AND TECHNOLOGY 2, no. 10 (2022): 175–81. https://doi.org/10.5281/zenodo.7251128.

Full text

Abstract:

In this article there is more information about the law of demand and supply and the connection of them with the money. We present an empirical analysis of money demand, money supply, and monetary policy. Empirical models for velocity and forecast models for the money multiplier are estimated. Stability analysis reveals that structural stability of the demand for broad money after monetary union must be rejected; stability of the demand for narrow money can be accepted.. The increase in monetary control uncertainty caused by these adjustments did not, however, impede monetary targeting with re

APA, Harvard, Vancouver, ISO, and other styles

19

Chidiebere Ekwe, Micheal, Amah Kalu Ogbonnaya, and Cordelia Onyinyechi Omodero. "Monetary Policy and Nigeria’s Economy: An Impact Investigation." International Journal of Economics and Finance 9, no. 11 (2017): 218. http://dx.doi.org/10.5539/ijef.v9n11p218.

Full text

Abstract:

The major objective of this study is to empirically analyze the impact of monetary policy on the economy of Nigeria. To achieve this major objective, the study made use of broad money supply (M2) and credit to the private sector (CPS) as the independent variables explaining the dependent variable which is the Gross Domestic Product (GDP). The time series data employed cover the period of 1996 to 2016 and have been collected from the Central Bank of Nigeria Statistical Bulletin. The statistical tool used in this study is the multi regression and student t-test with the aid of statistical packag

APA, Harvard, Vancouver, ISO, and other styles

20

Dhundi Raj Bhattarai, Churamani Pandeya, and Bhanu Bhakta Sharma. "Bank Regulation and Market Risk of Nepalese Commercial Banks." Pravaha 29, no. 1 (2023): 63–69. http://dx.doi.org/10.3126/pravaha.v29i1.71406.

Full text

Abstract:

The purpose of this study is to measure the impact of banking regulations specifically broad money supply, weighted average spread rate, base rate, bank capital, and loan loss reserve on market risk of commercial banks in Nepal. This study used descriptive, correlational, and casual comparative research design. This study has used secondary sources of data. Data were used of twenty-six, out of twenty-seven commercial banks from fiscal year 2012/13 to 2018/19. After 2019/20 fiscal year to 2021/22, data were collected from nineteen commercial banks. Rastriya Banijya Bank, Government owned bank n

APA, Harvard, Vancouver, ISO, and other styles

21

Erhijakpor, A. E. O., and I. A. Enebelli. "Development Finance Models and Sustainable Growth of Nigeria: A Granger Causality Approach." Journal of Business Management and Economic Development 2, no. 03 (2024): 1057–67. http://dx.doi.org/10.59653/jbmed.v2i03.786.

Full text

Abstract:

One of the primary goals of policy makers is to build an economy that is relatively stable. As such, to ensure that the economy is relatively stable, policy makers embark on series of financial (economic) reforms. However, even with the concerted efforts to improve the state of the Nigerian economy, the Nigeria is still under-developed. Hence, the paper aimed at examining the effects of development finance on sustainable growth of Nigeria using the granger causality approach. The development finance measures are private sector credits, broad money supply (BMS), Interest rate volatilities, and

APA, Harvard, Vancouver, ISO, and other styles

22

Ahmed, Monir Uddin, Md Moniruzzaman Muzib, and Subrata Saha. "The Money Supply Process in Bangladesh: An Econometric Analysis." Global Disclosure of Economics and Business 4, no. 2 (2015): 137–42. http://dx.doi.org/10.18034/gdeb.v4i2.142.

Full text

Abstract:

Bangladesh Bank (BB) conducts monetary policy through targeting broad (M2) and narrow (M1) money as operating instruments that will be influenced by Real and Nominal interest rate, Remittance, Bank Rate, Deposit interest rate. The success of monetary policy in achieving its objectives depends on the degree of controllability of M1 and M2 by Bangladesh Bank. This paper empirically examines the money supply process on the basis by the mainstream of Post-liberalization period covering the sample period of 1972/73-2009/10. It also Examine how M1 and M2 will be affected by the Speed of adjustment t

APA, Harvard, Vancouver, ISO, and other styles

23

Anggraini, Dewi, and Dewi Rahayu. "Jumlah Uang Beredar di Indonesia (Periode 2011Q1 – 2019Q4)." JIEP: Jurnal Ilmu Ekonomi dan Pembangunan 5, no. 1 (2022): 246. http://dx.doi.org/10.20527/jiep.v5i1.5526.

Full text

Abstract:

It is prominent to note that supply for money has become the most saturated literature amongst researchers. Therefore, our study is designed to investigate the money supply in Indonesia.We use five variables in our models: real GDP as a proxy of output, 3-month interbank interest rate, exchange rate, and two measures of money supply: narrow money (M1) and broad money (M2). We compile our data from Indonesia's economic and financial statistics, published by Bank Indonesia, and incorporate quarterly data, encompassing the 2011:1 to 2019:4 period of time. The multiple linear regression method is

APA, Harvard, Vancouver, ISO, and other styles

24

Bachurewicz, Gracjan Robert. "The Post-Keynesian endogenous-money supply: evidence from Poland." Review of Keynesian Economics 7, no. 3 (2019): 402–18. http://dx.doi.org/10.4337/roke.2019.03.09.

Full text

Abstract:

The paper examines the endogenous-money-supply theory for a representative emerging-market economy, namely Poland. The Post-Keynesian theory is tested against the fractional reserve theory of money creation that assumes money supply to be exogenously determined and controlled by the monetary authority. Granger-causality tests, the estimates from a vector error-correction model and the analysis of impulse-response functions from a general vector autoregression support the Post-Keynesian proposition of money-supply endogeneity in Poland during the 2001–2016 period. The demand for bank credit, re

APA, Harvard, Vancouver, ISO, and other styles

25

Achary, Ram Chandra. "Relationship between Money Supply, Income and Price Level in Nepal." NRB Economic Review 31, no. 1 (2019): 1–20. http://dx.doi.org/10.3126/nrber.v31i1.35305.

Full text

Abstract:

Using the data from 1974/75 to 2017/18, this paper intended to find out the relationship between money supply, income and price level in Nepal. The paper has established the relationship between real money supply (both M1 and M2) with respect to real GDP, nominal money supply (both M1 and M2) with respect to price level and nominal GDP with respect to price level separately. The econometric tools such as ADF for unit root tests, SIC for lag length selection, bivariate Johansen Cointegration tests followed by VECM has been used for long-run causality. Further, VEC as well as VAR Granger Causali

APA, Harvard, Vancouver, ISO, and other styles

26

Simanungkalit, Jelita, Salma Diani, Siti Naila Rahmi, and Fitrawaty Fitrawaty. "Analysis of Demand and Supply of Money Supply on Economic Growth." AURELIA: Jurnal Penelitian dan Pengabdian Masyarakat Indonesia 4, no. 1 (2024): 1211–16. https://doi.org/10.57235/aurelia.v4i1.4739.

Full text

Abstract:

This research examines the relationship between monetary aggregates (M1 and M2) and economic growth as measured by nominal Gross Domestic Product (GDP) in Indonesia during the period of January-June 2024. The research aims to analyze the impact of money demand and supply on economic growth using multiple linear regression analysis. Research findings reveal that the model has an explanatory capability of 71.6% in explaining nominal GDP variations. Key findings include: (1) M1 has a negative relationship with nominal GDP, with a regression coefficient of -3.240, indicating that an increase in na

APA, Harvard, Vancouver, ISO, and other styles

27

Nwangolo, Azu, and Blessing Ogechi. "Financial Deepening and Deposit Mobilization of Commercial Banks in Nigeria: A Time Variant Model." Indian Journal of Finance and Banking 2, no. 2 (2018): 1–14. http://dx.doi.org/10.46281/ijfb.v2i2.94.

Full text

Abstract:

The purpose of this study was to examine the effect of financial deepening on customer deposit of Nigerian commercial banks. Time series data was sourced from Central Bank of Nigeria Statistical Bulletin, from 1981-2017. Percentage of total customers’ deposit to total assets was used as dependent variables while percentage of narrow money supply, broad money supply, money market development, money outside the bank and private sector credit to gross domestic product was used as independent variables. Multiple regression with ordinary least square properties of cointegration, augment Dickey Full

APA, Harvard, Vancouver, ISO, and other styles

28

Panca Fatikhul Inami and Ninnasi Muttaqiin. "ANALISIS FAKTOR MAKRO DAN MIKRO EKONOMI TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN DIGITAL." Accounting and Management Journal 8, no. 1 (2024): 61–80. http://dx.doi.org/10.33086/amj.v8i1.6285.

Full text

Abstract:

This research aims to determine the influence of macro and micro economic factors on share price fluctuations in digital banking sector companies listed on the Indonesian Stock Exchange (BEI) during the 2020-2023 period. Share prices in this study are used as the dependent variable. Meanwhile, the independent variables used in this research are inflation, interest rates, exchange rates, GDP, broad money supply, EPS, PER, BVPS, ROA, ROE, company size, capital structure, and CR. The data management method used is multiple linear regression analysis. The findings show that simultaneously, the var

APA, Harvard, Vancouver, ISO, and other styles

29

Basha, Mazen Hasan. "Monetary Policy's Impact on Jordanian Economic Growth: Long and Short-Term Effects for the Period (1990 – 2021)." Global Journal of Economic and Business 14, no. 4 (2024): 380–86. http://dx.doi.org/10.31559/gjeb2024.14.4.5.

Full text

Abstract:

Objectives: This study aims to examines how monetary policy affects Jordan's economic growth in the long and short term The study incorporates the time series data from 1990 to 2021. Methods: To examine the impacts of monetary policy on economic growth measures, such as GDP, this study used the Autoregressive Distributive Lag (ARDL) and Vector Error Correction (VEC) models. The independent variables are the real interest rate, inflation rate, and broad money supply as monetary policy indicators. Results: The current study shows that monetary policy (real interest rate, inflation rate, and broa

APA, Harvard, Vancouver, ISO, and other styles

30

Ogbanje, Elaigwu Christopher and Ihemezie, Eberechukwu Johnpaul. "IMPACT OF BROAD MONEY AND EXCHANGE RATE ON AGRICULTURAL GROSS DOMESTIC PRODUCT: AN UNRESTRICTED VAR MODEL APPROACH." Journal of Agripreneurship and Sustainable Development 4, no. 4 (2021): 115–27. http://dx.doi.org/10.59331/jasd.v4i4.262.

Full text

Abstract:

Expansionary monetary policy is a major driver of economic changes via money supply. Broad money, which represents total money supply in an economy, has several economic impacts. The study examines the impact of broad money (MS2) and exchange rate (XR) on agricultural gross domestic product (AGDP) in Nigeria. Secondary data from 1981 to 2018were obtained from the Central Bank of Nigeria. Descriptive statistics, Augmented Dickey-Fuller, Johansen Co-integration test and Vector Autoregression model were employed. Broad money had a large coefficient of variation. Variables were stationary at the f

APA, Harvard, Vancouver, ISO, and other styles

31

Mulk, Waleed, Shakil Ahmad, Waqar Younas, and Syed Yawar Ali. "Testing the neutrality of money, labor, and capital in Pakistan's agriculture sector." Asian Journal of Economics and Empirical Research 11, no. 2 (2024): 125–33. https://doi.org/10.20448/ajeer.v11i2.6311.

Full text

Abstract:

This study investigates the neutrality of money in Pakistan's agriculture sector by analyzing semi-annual data from 1991S1 to 2019S2. We employ the impulse response function, variance decomposition, Johansen cointegration, VECM, and the Granger causality test. The Johansen cointegration approach demonstrates a continuous relationship between the variables over time. The Granger causality test indicates no short-term causal relationship between agricultural productivity and the broad money supply. On the other hand, agricultural production has a short-term causal relationship with inflation and

APA, Harvard, Vancouver, ISO, and other styles

32

Škare, Marinko, Manuel Benazić, and Daniel Tomić. "On the neutrality of money in CEE (EU member) states: A panel cointegration analysis." Acta Oeconomica 66, no. 3 (2016): 393–418. http://dx.doi.org/10.1556/032.2016.66.3.2.

Full text

Abstract:

The concept of money neutrality is an important pillar of the mainstream economic literature. It implies that autonomous changes in the money supply have no influence on real macroeconomic variables in the long run. The goal of this paper is to test the validity of (long-run) money neutrality proposition in the CEE (EU member) states. The empirical research is based on panel cointegration analysis which utilises annual data on real output and broad (M2) as well as narrow (M1) monetary aggregates over the 1995–2013 period for 11 ex-socialist EU countries. The results suggest that the money neut

APA, Harvard, Vancouver, ISO, and other styles

33

Omodero, Cordelia Onyinyechi. "Effect of Money Supply on Economic Growth: A Comparative Study of Nigeria and Ghana." International Journal of Social Science Studies 7, no. 3 (2019): 16. http://dx.doi.org/10.11114/ijsss.v7i3.4137.

Full text

Abstract:

The effect of money supply in enhancing economic growth in Nigeria and Ghana is investigated in this study. The major objectives of the study are to establish the joint and individual influences of money supply mechanisms on economic growth in Nigeria and Ghana. The study employs data from 2009 to 2018 and uses Ordinary Least Squares regression technique for analysis of the data. The findings reveal that broad money supply (M2) has an insignificant negative influence on RGDP in Nigeria, but in Ghana the impact is significant and positive. Broad money supply (M3) exerts insignificant positive i

APA, Harvard, Vancouver, ISO, and other styles

34

Dalhatu, Bello, Ebuh Godday Uwawunkonye, and Umemezia Bernice Adaeze. "Investigating the Role of Policy Rate and Money Supply in Nigeria's Inflation Stability." Financial Economics Letters 3, no. 3 (2024): 52–61. https://doi.org/10.58567/fel03030005.

Full text

Abstract:

This study examines the factors influencing inflation stability in Nigeria from 2011Q1 to 2023Q1. We employ an ARDL model to assess the impact of monetary policy rate, money supply, crude oil price, GDP growth, and government budget deficit on inflation. Our findings reveal that broad money and fiscal deficit exert a positive and statistically significant influence on inflation in both the short and long run. Interestingly, monetary policy rate only affects inflation in the short term. These results suggest that Nigerian policymakers should prioritize managing broad money and fiscal deficits t

APA, Harvard, Vancouver, ISO, and other styles

35

Cheng, Jun, Guangyi Miao, and Jing Kang. "Analysis of the Mechanisms Behind the "China Money Mystery"." Frontiers in Business, Economics and Management 16, no. 2 (2024): 223–25. http://dx.doi.org/10.54097/09q3vf92.

Full text

Abstract:

The growth rate of China's broad money supply (M2) significantly exceeds the combined rates of economic growth and inflation, leading to a continuous rise in the ratio of M2 to GDP. This phenomenon is referred to as the "China Money Mystery." The explanation for this phenomenon involves several factors. Firstly, interest rate and exchange rate controls in the financial market lead to excessive increases in money demand. Secondly, financial repression results in excessive use of indirect financing and a lack of investment channels, further distorting money supply. Thirdly, the financial hoardin

APA, Harvard, Vancouver, ISO, and other styles

36

Ugwu, F. I., and V. A. Njeze. "Monetary Policy Transmission Mechanisms and Economic Growth in Nigeria: An Empirical Investigation (1999-2021)." Global Journal of Finance and Business Review 6, no. 3 (2023): 50–62. https://doi.org/10.5281/zenodo.8318625.

Full text

Abstract:

<em>This study evaluated monetary policy transmission mechanisms and economic growth in Nigeria: an empirical investigation (1999-2021). This research focused on analyzing the channels through which monetary policy affects economic growth in Nigeria. The study explored how changes in monetary policy instruments (e.g., interest rates, money supply) influence key macroeconomic variables and contribute to overall economic growth. Hence, the specific objectives of this study are; to examine the impact of broad money supply (M2) on gross domestic product in Nigeria; to investigate the influence of

APA, Harvard, Vancouver, ISO, and other styles

37

Koapaha, Hartini Pop. "The Impact of Macroeconomics Factors on the Jakarta Composite Index." East Asian Journal of Multidisciplinary Research 1, no. 10 (2022): 2161–72. http://dx.doi.org/10.55927/eajmr.v1i10.1898.

Full text

Abstract:

This study aims to assess the relationship between macroeconomics factors on the Jakarta Composite Index. The multiple linear regression is employed to examine the impact of four macroeconomics variables namely GDP growth, inflation, interest rate spread, and broad money (money supply) on the Jakarta Composite Index. The result presents that Jakarta Composite Index is negatively affected by inflation and interest rates, while the increase in money supply boost the Jakarta Composite Index. In this study GDP growth has no significant influence on the Jakarta Composite Index. Investors may take a

APA, Harvard, Vancouver, ISO, and other styles

38

Laksmi Prameswari, Maulidina, Lukman Hakim, and Siti Aisyah Tri Rahayu. "Analysis of factors affecting inflation rates during the crisis period in six ASEAN countries during 1997 – 2021." Keynesia : International Journal of Economy and Business 3, no. 1 (2024): 62–76. https://doi.org/10.55904/keynesia.v3i1.1092.

Full text

Abstract:

Inflation is a macroeconomic indicator that can affect domestic and international economic conditions. Although economic growth, money supply, international trade, and unemployment play an important role in an economy, when looking at economic stability, the inflation rate is an important factor. Therefore, the purpose of this study is to find out what factors affect the inflation rate during the crisis period from 1997 to 2021 in six ASEAN countries. This study uses variables that determine the inflation rate. First, which shows that economic growth affects the inflation rate, then second, th

APA, Harvard, Vancouver, ISO, and other styles

39

Ojha, Bhoj Raj. "Stock Prices in Nepal: Macroeconomic Determinants." Management Dynamics 24, no. 1 (2021): 15–26. http://dx.doi.org/10.3126/md.v24i1.47539.

Full text

Abstract:

The article attempts to identify the relationship between major determinants and its impact of stock market of Nepal. On employing, Regression Analysis on data set for the period of 1994-2020, it is found that there is significant relation between determinants of stock market and stock price. The findings imply that stock market price fluctuations are closely related to broad money supply, interest rate, inflation, and exchange rate in the long run. The fluctuation of stock market prices in relation to interest rates is in the opposite direction. In the short run, GDP, money supply, and exchan

APA, Harvard, Vancouver, ISO, and other styles

40

بن حمو, أمينة, and جمال عبد الناصر بوثلجة. "The Impact of Banking System Variables on Economic Growth in Algeria: An Empirical Study During the Period (2000-2019) Using the ARDL Model." Finance and Business Economies Review 5, no. 3 (2021): 25–44. http://dx.doi.org/10.58205/fber.v5i3.1042.

Full text

Abstract:

This study aims to know the relationship that exists between the variables of the banking system represented in the broad money supply, gross domestic saving, domestic credit provided to the private sector, investment, inflation, trade openness, on economic growth represented in the per capita share of GDP using the self-regression model. For ARDL time gaps for quarterly data during the time period (2000-2019), where the results showed the response of both the broad money supply and trade openness to economic growth, the negativity of both total savings and investment, and the insensitivity of

APA, Harvard, Vancouver, ISO, and other styles

41

GISAOR, Vincent Iorja. "Monetary Policy and Long Run Economic Growth in Nigeria: An Application of the Vector Error Correction Mechanism." International Journal of Finance Research 2, no. 2 (2021): 71–83. http://dx.doi.org/10.47747/ijfr.v2i2.319.

Full text

Abstract:

The inability of most developing economies to use monetary policy to engender real economic growth in their countries prompted the researchers to empirically assess the impact of monetary policy on economic growth in Nigeria between 1980 and 2014. The study employed an econometrics approach making use of the ADF unit root test, Johansen cointegration, Vector error correction model, Pairwise granger causality test and variance decomposition. The Vector Error Correction Mechanism result shows a positive short and long run relationship between both narrow money supply and broad money supply and e

APA, Harvard, Vancouver, ISO, and other styles

42

Paudyal, Shoora B. "Determinants of Inflation in Nepal: An Empirical Assessment." NRB Economic Review 26, no. 2 (2014): 61–82. http://dx.doi.org/10.3126/nrber.v26i2.52583.

Full text

Abstract:

This paper examines short term and long term effects of the macroeconomic variables on the inflation in Nepal during 1975-2011. The variables considered are budget deficits, Indian prices, broad money supply, exchange rate and real GDP. The regression results from Wickens-Breusch Single Equation Error Correction model suggest that all variables considered are significant in long run implying that these variables are the determinants of inflation in Nepal. However, only budget deficit, money supply and Indian prices cause inflation in the short run. The results are consistent with monetarists’

APA, Harvard, Vancouver, ISO, and other styles

43

Pal, Rajesh, and Reena Nigam. "Impact of the Money Supply on the Economic Growth in India." European Modern Studies Journal 9, no. 1 (2025): 269–82. https://doi.org/10.59573/emsj.9(1).2025.23.

Full text

Abstract:

The Classical, Keynesian, and Monetarist schools of thought have all expressed different views on how the money supply affects economic growth. Using data from 1961 to 2023, this study attempts to investigate the relationship between the money supply and economic growth in India. It is widely believed that the money supply promotes growth, particularly in the short run. Key economic indices, including GDP, inflation, and unemployment, are examined in relation to changes in the money supply. This study synthesises data from several economies to shed light on how monetary policy contributes to s

APA, Harvard, Vancouver, ISO, and other styles

44

Nizam, Ahmed Mehedi. "Impact of e-money on money supply: Estimation and policy implication for Bangladesh." PLOS ONE 17, no. 4 (2022): e0267595. http://dx.doi.org/10.1371/journal.pone.0267595.

Full text

Abstract:

With the rapid proliferation of mobile telephony and the establishment of an IT-enabled payment and settlement system, Bangladesh nowadays is experiencing a remarkable growth in the usage of mobile financial services (MFS). As more and more people are opting to use this service, a huge number of mobile accounts are opened every day and a substantial amount of money is deposited, withdrawn and transferred frequently through the mobile network. This ever-increasing amount of mobile money flowing through the network may have a sizeable impact on the overall money supply of the country. Thus far,

APA, Harvard, Vancouver, ISO, and other styles

45

Nizam, Ahmed Mehedi. "Impact of e-money on money supply: Estimation and policy implication for Bangladesh." PLOS ONE 17, no. 4 (2022): e0267595. http://dx.doi.org/10.1371/journal.pone.0267595.

Full text

Abstract:

With the rapid proliferation of mobile telephony and the establishment of an IT-enabled payment and settlement system, Bangladesh nowadays is experiencing a remarkable growth in the usage of mobile financial services (MFS). As more and more people are opting to use this service, a huge number of mobile accounts are opened every day and a substantial amount of money is deposited, withdrawn and transferred frequently through the mobile network. This ever-increasing amount of mobile money flowing through the network may have a sizeable impact on the overall money supply of the country. Thus far,

APA, Harvard, Vancouver, ISO, and other styles

46

Sulaiman, Zaagha Alexander. "Money Supply and Private Sector Funding in Nigeria: A Multi-Variant Study." Asian Finance & Banking Review 4, no. 1 (2020): 24–41. http://dx.doi.org/10.46281/asfbr.v4i1.573.

Full text

Abstract:

This study examined the effect of money supply on private sector funding in Nigeria. The purpose of the study was to examine the extent to which monetary policy affect private sector funding in Nigeria. Time series data was sourced from Central Bank of Nigeria Statistical Bulletin from 1985-2018. Credit to private sector, credit to core private sector and credit to small and medium scale enterprises sector was used as dependent variables while narrow money supply, broad money supply, large money supply, private sector demand deposit was used as independent variables. Ordinary Least Square (OLS

APA, Harvard, Vancouver, ISO, and other styles

47

Nwuju, Oliver, Aiyedogbon John, and Marvelous Aigbedion. "Impact of Selected Macroeconomic Variables on Human Capital Development in Nigeria." International Journal of Advanced Research in Public Policy, Social Development and Enterprise Studies 5, no. 1 (2024): 154–74. https://doi.org/10.48028/iiprds/ijarppsdes.v5.i1.13.

Full text

Abstract:

Human capital is a key driver of economic growth and productivity and it has been argued that the management of macroeconomic variables like broad money supply, inflation rate, unemployment rate, economic growth rate and interest rate are effective tools in achieving high human capital development. Therefore, this study examined the impact of selected macroeconomic variables on human capital development in Nigeria (1990–2022). The study made use of ex-post facto research time series data and dynamic ordinary least squares techniques to examine the impact of selected macroeconomic variables on

APA, Harvard, Vancouver, ISO, and other styles

48

Jolaiya, Olatubosun Felix. "Impact of Financial Deepening on Domestic Investment in Nigeria." Asian Journal of Economics, Business and Accounting 24, no. 1 (2024): 128–40. http://dx.doi.org/10.9734/ajeba/2024/v24i11227.

Full text

Abstract:

This study investigated the impact of financial deepening on domestic investment in Nigeria. The time scope of the study covered the period 2005-2022. The response variable was domestic investment (DI) while the treatment variables were financial deepening indicators (broad money supply, private sector credits, and stock market capitalization. The specific objectives were to investigate the impact of credits to private sector on domestic investment in Nigeria; determine the impact of broad money supply on domestic investment in Nigeria; examine the impact of stock market capitalization on dome

APA, Harvard, Vancouver, ISO, and other styles

49

Leasiwal, Teddy Ch, and Muhamad Subhan. "FACTORS THAT INFLUENCE MONEY / M2 MONEY IN INDONESIA (DATA PERIOD Q1.2001 - Q4.2015)." Jurnal Cita Ekonomika 15, no. 2 (2021): 1–18. http://dx.doi.org/10.51125/citaekonomika.v15i2.4349.

Full text

Abstract:

This study aims to analyze the demand for money (broad money / M2) with a model that uses the condition of non-stationary data so that it can estimate the need for money in the economy. The period of data studied is from Q1.2001-Q4.2015. The analysis technique used is the Vector Error Correction Model (VECM) by conducting data stationarity tests, cointegration tests, lag feasibility tests, VECM Estimates, Granger Causality Test, and Impulse Response Function analysis to determine the effect ofshock from other variables. The results of this study indicate that: 1) GDP has a positive influ

APA, Harvard, Vancouver, ISO, and other styles

50

LENYIE, Leesi. "Financial Deepening on the Liquidity of Nigerian Stock Market: A Multi- Dimensional Study." INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT 8, no. 3 (2023): 99–117. http://dx.doi.org/10.56201/ijefm.v8.no3.2023.pg99.117.

Full text

Abstract:

This study examined the effect of financial deepening on the liquidity of Nigeria capital market. The objective was to determine the effect of financial deepening variables on the liquidity of capital market. Time series data were sourced from Central Bank of Nigeria Statistical Bulletin. Capital market liquidity measured total market capitalization to all share price index was used as dependent variable while Percentage of Narrow money supply to Gross domestic products, Percentage of broad money supply to Gross domestic products, Percentage of private sector credit to Gross domestic products,

APA, Harvard, Vancouver, ISO, and other styles

We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!