The Impact of Money Supply on the Economy:A Panel Study on Selected Countries
作者机构:Thomas H.Albinson School of BusinessWest Virginia Wesleyan CollegeBuckhannonWV 26201USA
出 版 物:《Journal of Economic Science Research》 (经济科学研究(英文))
年 卷 期:2021年第4卷第4期
页 面:48-53页
学科分类:0502[文学-外国语言文学] 050201[文学-英语语言文学] 05[文学]
主 题:Money supply Economic growth Inflation Real interest rate Real exchange rate
摘 要:This study investigates the impact of money supply on economic growth rate,inflation rate,exchange rate and real interest *** used a panel of 217 countries from 1960 to 2020 and four different models to address these *** empirical results support the quantity theory of *** addition,the study found evidence for a negative relationship between real interest rate and inflation and between money supply and real interest ***,our results show that lagged money growth rate is positively correlated with GDP growth rate but money growth rate is negatively correlated with GDP growth rate.