Divisia Monetary Aggregates

Theory and Practice

  • Michael T. Belongia
  • Jane M. Binner

Table of contents

  1. Front Matter
    Pages i-xv
  2. Introductory Comments, Definitions, and Research on Indexes of Monetary Services

  3. New Results in Theory and Practice

    1. Front Matter
      Pages 9-9
    2. William A. Barnett, Yi Liu
      Pages 11-27
  4. Evidence from European Economies and the Planned EMU Area

    1. Front Matter
      Pages 45-45
    2. Leigh Drake, K. Alec Chrystal, Jane M. Binner
      Pages 47-78
    3. Heinz Herrmann, Hans-Eggert Reimers, Karl-Heinz Toedter
      Pages 79-101
  5. Evidence from the Pacific Basin

    1. Front Matter
      Pages 171-171
    2. Kazuhiko Ishida, Koji Nakamura
      Pages 173-199
    3. Jeong Ho Hahm, Jun Tae Kim
      Pages 200-226
    4. Yen Chrystal Shih
      Pages 227-248
    5. G. C. Lim, Vance L. Martin
      Pages 249-262
  6. Evidence from North America

    1. Front Matter
      Pages 263-263
    2. David Longworth, Joseph Atta-Mensah
      Pages 265-291
  7. Back Matter
    Pages 313-321

About this book

Introduction

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.

Keywords

Inflation money Switzerland

Editors and affiliations

  • Michael T. Belongia
    • 1
  • Jane M. Binner
    • 2
  1. 1.University of MississippiUSA
  2. 2.Department of Finance and Business Information SystemsNottingham Business SchoolUK

Bibliographic information

  • DOI https://doi.org/10.1057/9780230288232
  • Copyright Information Palgrave Macmillan, a division of Macmillan Publishers Limited 2000
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Palgrave Economics & Finance Collection
  • Print ISBN 978-1-349-39614-6
  • Online ISBN 978-0-230-28823-2
  • About this book