The aggregation error in Divisia monetary aggregates. Some findings for the U.K. 1963-1980

R. W. Bailey, M. J. Driscoll, J. L. Ford, A. W. Mullineux

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)

Abstract

In this paper we examine the potential aggregation error or information loss in the construction of Divisia Indices of monetary aggregates for the UK. All the Indices produce no information loss; but in detail our findings differ from those for the US.

Original languageEnglish
Pages (from-to)123-128
Number of pages6
JournalEconomics Letters
Volume10
Issue number1-2
DOIs
Publication statusPublished - 1 Jan 1982

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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