Mohanti, Debaditya; Banerjee, Souvik - In: Journal of Applied Economics 27 (2024) 1, pp. 1-22
The present study aims to empirically analyze the relationship between the growth in money supply and the long-term interest rates in India through the application of efficient market theory. The study uses quarterly data over a period from 2010 to 2023. The advantage of the efficient market...