Download or read book Divisia Indices for Money written by Paul Fisher and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasing interest has been shown in recent years in index number measures of money which weight the different components within each monetary aggregate. An assessment of Divisia measures of money including an appraisal of the theoretical arguments for the Divisia approach to monetary aggregation is presented. Also the construction of a Divisia index for the United Kingdom is described and the potential relevance of Divisia for the assessment of monetary conditions discussed.
Download or read book Divisia Indices for Money written by Paul Fisher and published by . This book was released on 1993-01-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Money with a Divisia Index written by Eugenio Gaiotti and published by . This book was released on 1994 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Divisia Monetary Aggregates written by M. Belongia and published by Springer. This book was released on 2000-10-06 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: The leading researchers from central banks and universities around the world debate issues central to the performance of Divisia monetary aggregates both in theory and in practice. The overall conclusion is that Divisia monetary aggregates outperform their simple sum counterparts in a wide range of applications the world over. The book is the first volume-length study of empirical data and theoretical research on the subject.
Download or read book Money And The Economy written by Apostolos Serletis and published by World Scientific. This book was released on 2006-08-08 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive and systematic introduction to the problem of the definition of money and investigates the gains that can be achieved by a rigorous use of microeconomic- and aggregation-theoretic foundations in the construction of monetary aggregates. It provides readers with key aspects of monetary economics and macroeconomics, including monetary aggregation, demand systems, flexible functional forms, long-run monetary neutrality, the welfare cost of inflation, and nonlinear chaotic dynamics.This book offers the following conclusions: the simple-sum approach to monetary aggregation and log-linear money demand functions, currently used by central banks, are inappropriate for monetary policy purposes; the choice of monetary aggregation procedure is crucial in evaluating the welfare cost of inflation; the inter-related problems of monetary aggregation and money demand will be successfully investigated in the context of flexible functional forms that satisfy theoretical regularity globally, pointing the way forward to useful and productive research.
Download or read book Evaluating Divisia Money Indices written by Paul B. Bennett and published by . This book was released on 1982 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Divisia Monetary Aggregates and the Real User Cost of Money written by Ewen McCann and published by . This book was released on 1988 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Aggregation And Index Number Theory written by William A Barnett and published by World Scientific. This book was released on 2011-02-11 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book surveys modern literature on financial aggregation and index number theory, with special emphasis on the contributions of the book's two coauthors. In addition to an introduction and a systematic survey chapter unifying the rest of the book, this publication contains reprints of six published articles central to the survey chapter. Financial Aggregation and Index Number Theory provides a reference work for financial data researchers and users of central bank data, placing emphasis on possible improvements in such data from use of the microeconomic index number and aggregation theory.
Download or read book Divisia Monetary Aggregates written by William A. Barnett and published by . This book was released on 1982 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Divisia Monetary Aggregates and Economic Activities in Asian Developing Economies written by Muzafar Shah Habibullah and published by Routledge. This book was released on 2019-07-09 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this volume examines the role and effects of financial liberalisation in ten deregulated Asian developing countries including Indonesia, Malaysia, Myanmar, Nepal, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan and Thailand. These areas experienced significant financial and economic changes between the ‘financially repressed economies’ of the 1970s through to the 1990s. Muzafar Shah Habibullah approaches this issue in two parts. Part 1 provides empirical evidence of relationships between monetary aggregates, nominal income and price level. In part 2, he offers an early attempt to evaluate the Divisia monetary aggregate as an alternative to the Simple-sum aggregate as an indicator for the financial and economic situation of Asian developing countries.
Download or read book Divisia Monetary Aggregates for New Zealand written by Ewen McCann and published by . This book was released on 1987 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of Monetary Aggregation written by W.A. Barnett and published by Elsevier Science Limited. This book was released on 2000-06-30 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: William Barnett, the coeditor of this volume, introduced modern economic index number theory into monetary economics and this book comprises a focussed and unified collection of his most important publications in this area. It provides a clear and systematic development of the state-of-the-art in monetary and financial aggregation theory.
Download or read book Measuring money with a divisia index written by Eugenio Gaiotti and published by . This book was released on 1994 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Revisions in the Monetary Services divisia Indexes of the Monetary Aggregates written by Helen T. Farr and published by . This book was released on 1985 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Divisia Indexes Money and Welfare written by Rubens Penha Cysne and published by . This book was released on 2014 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: We suggest the use of a particular Divisia index for measuring welfare losses due to interest rate wedges and inflation. Compared to the existing options in the literature: i) when the demands for the monetary assets are known, closed-form solutions for the welfare measures can be obtained at a relatively lower algebraic cost; ii) less demanding integrability conditions allow for the recovery of welfare measures from a larger class of demand systems and; iii) when the demand specifications are not known, using an index number entitles the researcher to rank different vectors of opportunity costs directly from market observations. We use two examples to illustrate the method.
Download or read book Revisions in the Monetary Services divisia Indexes of Monetary Aggregates written by Helen T. Farr and published by . This book was released on 1985 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Derivatives written by Caner Ozdurak and published by LAP Lambert Academic Publishing. This book was released on 2010-10 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does Central Banks loose their control on Monetary Policy? The main scope of the book is to test the empirical validity of enriching money demand function with derivatives using the new monetary aggregates. As a result it is concluded that monetary policy has lost some effectiveness after the introduction of derivative instruments to the financial markets. In the application part time series models are used for modeling money demand and supply.
