Divisia index
Influential Observations in Stochastic Model of Divisia Index Numbers with AR(1) Errors
... the Divisia price index number when the error structure is first order serial ...for Divisia index numbers depend on both the weights and autoregressive pa- ...
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Does Money Matter in the Euro area? Evidence from a new Divisia Index. Bruegel Working Paper 2014/12, 6 November 2014
... No Divisia monetary aggregates are available for the euro area, in contrast to the US, UK and several other countries 4 ...euro-area Divisia monetary aggregates for January 2001-September 2014, as detailed ...
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Financial Sector Reforms, Monetary and Output Uncertainties and the Behavior of Money Demand in Kenya: The Divisia Index Approach
... the Divisia monetary aggregates for Kenya and examined the impact of monetary and output uncertainties on the stability of money demand function in Kenya over the period from the first quarter of 2000 to the third ...
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Supply of Money
... Abstract: This short paper is the encyclopedia entry on Supply of Money to appear in the second edition of the International Encyclopedia of the Social Sciences. The encyclopedia is edited by William A. Darity and ...
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Integration, productivity and technological spillovers: Evidence for eurozone banking industries
... up index of each banking industry in different time ...catch-up index after 1999 (column a vs column c), with the exception of ...the Divisia index and the TGR analysis: technical change on ...
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The credit card services augmented Divisia monetary aggregates
... the Divisia index (1925,1926) in continuous time will track any aggregator function without ...Francois Divisia (1925, 1926) derived his consumer goods index as a line integral, the simplified ...
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Energy consumption, economic growth and CO2 emissions in Australia: the potential for energy conservation
... performed by applying Logarithmic Mean Divisia Index (LMDI) decomsposition approach. The result from the decomposition analysis of energy intensity shows that energy efficiency has deteriorated in ...
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Friedman and Divisia Monetary Measures
... movements. Figure 3 displays a source of that concern, taken very seriously by the Federal Reserve Board staff at that time. In figure 3, we have plotted velocity against a bond rate, rather than against time. As is ...
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Changes in energy efficiency in Australia: A decomposition of aggregate energy intensity using Logarithmic Mean Divisia approach
... Index (LMDI) technique. Another branch of IDA is the Arithmetic Mean Divisia Index (AMDI) method, which has been dominantly used in the earlier studies in Australia (Cox et al. 1997; Harris & ...
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DO MONETARY AGGREGATES BELONG IN A MONETARY MODEL? EVIDENCE FROM THE UK
... Divisia index. Hendrickson (2014) provides further evidence on the Divisia index being a better measure of money ...construct Divisia indexes for the United States at various levels of ...
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Nowcasting nominal gdp with the credit card augmented Divisia monetary aggregates
... the Divisia index (1925,1926) in continuous time will track any aggregator function without ...Francois Divisia (1925, 1926) derived his consumer goods index as a line integral, the simplified ...
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An Analysis Of Energy Consumption In Transportation And Industrial Sectors- A Multiplicative LMDI Approach With Application To Iran
... efficiency index is introduced that is often included in an energy efficiency accounting ...performance index that can be used in international comparisons and ...mean divisia index approach ...
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Data Sources for the Credit Card Augmented Divisia Monetary Aggregates
... augmented Divisia index formula are the monthly credit card transactions volumes, not the credit card ...the Divisia index formula to measure contemporaneous credit card transactions ...
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Measurement Error in Monetary Aggregates: A Markov Switching Factor Approach
... In the case of M1 and MSI1, the main divergence between the two indexes is in 1983:1. The idiosyncratic term for M1 counter-intuitively increased to its highest level during a quarter that marked the beginning of a high ...
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Divisia monetary aggregates for the GCC countries
... the Divisia index to obtain the overall monetary ...constructs Divisia aggregates across countries but uses ad hoc weighted averages ...with index number ...
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Divisia Second Moments: An Application of Stochastic Index Number Theory
... particular, he showed that the Törnqvist-Theil discrete time approximation to the continuous time Divisia index could provide a second order approximation to any true economic aggregate. Barnett (1978,1980) ...
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The End of the Great Moderation?
... quantity index under the aggregation- theoretic approach extracts and measures the income effects of changes in relative prices and is invariant to substitution effects, which do not alter utility and thereby do ...
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How better monetary statistics could have signaled the financial crisis
... M3 Divisia index (SDM3), and the demand-side M3 Divisia index (DDM3) over the same time period used in producing the frequency domain ...side Divisia index to get wider than a ...
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Testing long run monetary neutrality in Malaysia: Revisiting divisia money
... There are voluminous studies in finding out the influence of money on real economy activity. Different methodologies and models have been applied to test the empirical validity of money in order to give the answer ...
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The characteristic index vs. the market index
... Market Index are each measured over a different trading interval Brown and Warner (1980, 1984) provide evidence that the t-test is an accurate test for the presence of abnormal performance despite the ...
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