Divisia Monetary Aggregates: Right in Theory, Useful in Practice

by Michael T. Belongia (Editor), Jane M. Binner (Editor)

This book forms the proceedings of the first international conference on Divisia monetary aggregates held at the University of Mississippi at Oxford in October 1994. It attracted leading researchers from central banks and universities around the world. The overall conclusions were that Divisia monetary aggregates outperform their simple sum counterparts in a wide range of applications the world over.

321 pages, Hardcover

First published January 1, 2000