The information content of monetary aggregates in the U.K.

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Authors

Colleges, School and Institutes

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.

Details

Original languageEnglish
Pages (from-to)61-67
Number of pages7
JournalEconomics Letters
Volume9
Issue number1
Publication statusPublished - 1 Jan 1982

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