Journal of Indian School of Political Economy

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Deficits or Expenditures, What Explains Money Growth Better:An Empirical Estimation of Barro's Hypothesis


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1 Department of Economics, University of Mumbai, Kalina, Mumbai-400098, India
     

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The paper examines the money-deficit relationship by empirically estimating the Barro hypothesis, government expenditures rather than deficits influence money growth, for India over 1950-51 to 1997-98.
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  • Deficits or Expenditures, What Explains Money Growth Better:An Empirical Estimation of Barro's Hypothesis

Abstract Views: 224  |  PDF Views: 0

Authors

Swati Raju
Department of Economics, University of Mumbai, Kalina, Mumbai-400098, India

Abstract


The paper examines the money-deficit relationship by empirically estimating the Barro hypothesis, government expenditures rather than deficits influence money growth, for India over 1950-51 to 1997-98.