EXOGENOUS OR ENDOGENOUS MONEY SUPPLY: EVIDENCE FROM AUSTRALIA

Article OPEN
ZATUL E. BADARUDIN; AHMED M. KHALID; MOHAMED ARIFF;
(2012)
  • Journal: The Singapore Economic Review,volume 57,issue 4,pages1,250,025-1
  • Subject: Post-Keynesian, endogenous money supply, vector error-correction model, E12, E51

This paper investigates the nature of money supply in Australia over two separate monetary policy regimes: monetary and inflation targeting. The post-Keynesian theory on endogenous money was tested with the aim of investigating whether endogenous money supply, if it did... View more
Share - Bookmark