Constructing Divisia Monetary Aggregates for Singapore

Since Barnett derived the user cost price of money, the economic theory of monetary services aggregation has been developed and extended into a field of its own with solid foundations in microeconomic theory. Divisia monetary aggregates have repeatedly been shown to be strictly preferable to their s...

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Bibliographic Details
Main Authors: William A. Barnett, Van H. Nguyen
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:https://www.mdpi.com/1911-8074/14/8/370