ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Complex of Concealed Tenancy

January 31, 1981 reserve base for deposit and credit creation. The factors governing H and changes in H are largely policy- induced, whereas the factors governing m (money multiplier) and changes in m are largely dependent on the behavioural changes of the public and banks. The author also offers a critical evaluation of the Reserve Bank's house doctrine of money supply based on an ex post accounting identity.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top