He has worked on virtually every aspect of the aggregates: the demand for money; their definition and measurement; their control; and their use in policy design - including the P-star model that developed an idea by a certain A. Greenspan.
Lately, various interpretations have been given to the monetary policy stance of the Bank of Mauritius. Five years ago, the Bank of Mauritius tightened its monetary policy stance with the rate of interest having gradually risen to high levels. The then prevailing conditions did warrant the tightening. It is commonplace that economies do undergo cyclical changes.