A test of their linkage between money supply, liquidity, and share prices
This thesis reports new evidence of a liquidity effect from money supply changes. From evidence, the money supply increases proposed by Friedman (1969) first lead to interest rate declines and inflation increases. Yet the proposition that money supply increase leads to liquidity surge and credit exp...
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| Format: | Thesis |
| Language: | English English |
| Published: |
2013
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| Subjects: | |
| Online Access: | http://psasir.upm.edu.my/id/eprint/51773/1/GSM%202013%207.pdf |
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