BADARUDIN, ZATUL E.; KHALID, AHMED M.; ARIFF, MOHAMED - In: The Singapore Economic Review (SER) 57 (2012) 04, pp. 1250025-1
This paper investigates the nature of money supply in Australia over two separate monetary policy regimes: monetary and inflation targeting. The post-Keynesian theory on endogenous money was tested with the aim of investigating whether endogenous money supply, if it did exist, followed the...