The money supply multiplier in Bangladesh
In: The Bangladesh development studies: the journal of the Bangladesh Institute of Development Studies, Band 21, Heft 4, S. 37-64
ISSN: 0304-095X
Having developed a simple money multiplier model of the money supply, the author investigates the behaviour of the money multiplier in Bangladesh for the period 1972 to 1993. His findings suggest that although the deposit-currency ratio equation is stable, the equations of the time-deposit ratio and the excess reserves-deposit ratio are unstable. (DÜI-Sen)