JEL Classification System
A10, E4, F4
Abstract
Extensive discussions have been conducted on traditional and new-age macroeconomic theories in the context of the money supply and its determinants. This article contributes to the literature by analyzing money supply and its interactions with four other macroeconomic variables: GDP, exchange rates, interest rates, and prices. Using annual panel data from 55 countries from 2000 to 2023, the study applies various regression techniques and causal analyses to assess money supply determinants. Most analytical techniques indicated a significant relationship between money supply, national income, and foreign exchange rates.
Recommended Citation
AlHarbi, Ahmad and Ahmad, Moid U.
(2026)
"How Relevant is Money Supply? A Cross-country and Cross-Variable Analysis,"
DLSU Business & Economics Review: Vol. 36:
No.
1, Article 9.
DOI: https://doi.org/10.59588/2243-786X.1726
Available at:
https://animorepository.dlsu.edu.ph/ber/vol36/iss1/9
