Abstract
This paper presents some results evaluating the information content of several monetary aggregates, formed as simple sums or as Divisia quantity indices. The former tend to dominate the latter; there is considerable support for the new, broader, official monetary aggregate PSL2.
Original language | English |
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Pages (from-to) | 61-67 |
Number of pages | 7 |
Journal | Economics Letters |
Volume | 9 |
Issue number | 1 |
DOIs | |
Publication status | Published - 1 Jan 1982 |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics