THE VELOCITY BEHAVIOR AND INFORMATION-CONTENT OF DIVISIA MONETARY AGGREGATES

被引:18
作者
BARNETT, WA
SPINDT, PA
机构
[1] Board of Governors, Federal Reserve System, Washington
基金
美国国家科学基金会;
关键词
D O I
10.1016/0165-1765(79)90091-0
中图分类号
F [经济];
学科分类号
02 ;
摘要
Monetary aggregates are commonly sums, although summation quantity aggregation is disreputable. We compare summation versus Divisia aggregation of monetary assets. The velocity behavior and the information content of the Divisia index are superior to those of the summation index. © 1979.
引用
收藏
页码:51 / 57
页数:7
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