Barnett, William A.; Alkhareif, Ryadh M. - In: International Journal of Financial Studies 3 (2015) 1, pp. 49-55
This paper compares the "simple-sum" monetary aggregates (M1 and M2) published by the Saudi Arabian Monetary Agency (SAMA) with the new monetary aggregates (D1 and D2)-known as the Divisia monetary indexes. The former aggregates are constructed from a simple accounting identity, whereas the...
