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DRN 1993 Vol. XI No. 6-a: Of Money Supply and Price Trends

While the relationship between money supply and price trends is argued to be two-way, the country’s price levels are not necessarily determined by the money supply. Presented in this article is the empirical evidence to support such claim.

Philippine Institute for Development Studies
Authors Keywords
Yap, Josef T.; Reyes, Celia M.; money and banking; macroeconomic policy; macroeconomic stabilization; macroeconomic adjustments; monetary policy; monetary instruments; price level;
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Published in 1993 and available in the PIDS Library or can be downloaded as full text Downloaded 642 times since November 25, 2011