Azam, Muhammad; Rashid, Salim - In: Journal of the Asia Pacific economy 20 (2015) 4, pp. 559-576
The aim of the present study is to analyze empirically the significance of the monetarist explanation of inflation in … effects of money supply on inflation while, by contrast, structural factors involving wheat, oil and import prices show more … substantial effects. The effective control of inflation requires policy makers to smoothen the supply of food and to moderate …