The New Divisia Monetary Aggregates
نویسندگان
چکیده
منابع مشابه
An Extended Series of Divisia Monetary Aggregates
rj-i I HE CONVENTION IN monetary economics has been to create monetary aggregates by simply adding together the dollar amounts of the various financial assets included in them. This is the simple-sum method of aggregation. This procedure has been criticized because such monetary aggregates are essentially indexes that weight each component financial asset equally, a practice that is economicall...
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ژورنال
عنوان ژورنال: Journal of Political Economy
سال: 1984
ISSN: 0022-3808,1537-534X
DOI: 10.1086/261275