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The Money Supply Process in Bangladesh: An Econometric Analysis

Global Disclosure of Economics and Business

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Field Value
 
Title The Money Supply Process in Bangladesh: An Econometric Analysis
 
Creator Ahmed, Monir Uddin
Muzib, Md. Moniruzzaman
Saha, Subrata
 
Subject Board money, Interest Rate, Bank rate, Remittance and Inflation
 
Description Bangladesh Bank (BB) conducts monetary policy through targeting broad (M2) and narrow (M1) money  as operating instruments that will be influenced by Real and Nominal interest rate, Remittance, Bank Rate, Deposit interest rate. The success of monetary policy in achieving its objectives depends on the degree of controllability of M1 and M2 by Bangladesh Bank. This paper empirically examines the money supply process on the basis by the mainstream of Post-liberalization period covering the sample period of 1972/73-2009/10. It also Examine how M1 and M2 will be affected by the Speed of adjustment that is equal to the difference between deposit interest rate and nominal interest rate. The money supply function for Bangladesh has been empirically tested by using annual time series data. We have found that remittance is the most significant factor that highly influenced on narrow and broad money supply in Bangladesh.JEL Code: E31, E43, E51, E52 Handle: http://hdl.handle.net/20.500.11903/gdeb.v4n2.6
 
Publisher i-Proclaim
 
Contributor —
 
Date 2015-12-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://i-proclaim.my/archive/index.php/gdeb/article/view/89
 
Source Global Disclosure of Economics and Business; Vol 4, No 2 (2015): 8th Issue; 137-142
2307-9592
2305-9168
 
Language eng
 
Relation http://i-proclaim.my/archive/index.php/gdeb/article/view/89/88
 
Rights Copyright (c) 2016 Monir Uddin Ahmed, Md. Moniruzzaman Muzib, Subrata Saha
http://creativecommons.org/licenses/by-nc/4.0