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Sinha, Manish
- Response of Money Stock to its Demand
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1 Symbiosis Centre for Management and Human Resource Development, Pune-411057,, IN
1 Symbiosis Centre for Management and Human Resource Development, Pune-411057,, IN
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Drishtikon: A Management Journal, Vol 1, No 1 (2009), Pagination: 75-79Abstract
It is interesting to find out as to what is the position of supply of money in India as compared to its demand. Some believe that our supply of money is more than the demand for it and that explains the persistent inflation in the economy. The demand for money is modeled based on the Keynesian theory of demand for money where it is based on national income and interest rate. The money stock data of broad money (M3) has been taken for the years 1996 to 2005. The Keynesian model of demand for money tells us that RBI has been conservative in its money supply as the same is systematically lesser than the desired demand for money.Keywords
Keynes’ Theory of Money Supply, Real Income, Interest RateReferences
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- Ramachandran, M (2004). Do Broad Money, Output, and Prices Stand for a Stable Relationship in India? Journal of Policy Modeling, 26, 983-1001.
- Understanding the Behaviour of Communities Towards Risk Management and its Impact on Productivity
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Authors
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1 SCMHRD, Symbiosis International University, Maharashtra, IN
1 SCMHRD, Symbiosis International University, Maharashtra, IN
Source
Drishtikon: A Management Journal, Vol 9, No 1 (2018), Pagination: 27-36Abstract
In this paper we try to study the impact of risk mitigating behavior of communities and its Households on the overall productivity of the economic system. We have tried to look at the phenomenon in terms of a model having its objective function as maximizing productivity in the presence of the constraint of the risk of doing business outside the community. We see that if individuals in a community perceive the risk of economic transactions to grow exponentially as they move away from the locus of the community socially as well as physically, there is a limit to which they will travel the social and/or the physical distance.Keywords
Risk Management Behavior of Communities, Productivity, Economic Transactions.References
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