Barnett, William A.; Nguyen, Van H. - In: Journal of risk and financial management : JRFM 14 (2021) 8, pp. 1-15
developed and extended into a field of its own with solid foundations in microeconomic theory. Divisia monetary aggregates have … Singapore, this paper applies the user cost of money formula and the recently developed credit-card-augmented Divisia monetary … indexes from Jan 1991 to Mar 2021. We see that Divisia measures behave differently from simple sum measures in the period …