Affiliation:
1. University of Petroleum and Energy Studies, Dehradun, India
Abstract
Money supply is nowadays expected to contain precise, comprehensive, and real-time information about the macroeconomic system to facilitate decision making of the Central Bank. Because money supply, as driver or driven, is linked from time to time to several other variables like inflation, it touches every lair of civil society and politics. An important aspect of understanding such information is to identify other variables and their interrelations with money supply and the models to quantify and predict the same. This chapter covers various facets and issues of modeling and forecasting money supply in India in a comparative tone between pre- and post-crisis periods.
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