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

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

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