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Agregados Monetarios: Nuevas Definiciones

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Author Info
Erika Arraño G.
Abstract

Central bankers have devoted considerable efforts to monitoring and analyzing the various measures of money. In Chile, the definitions of monetary aggregates—barring a few minor changes—have been in place since the 1980s and range from M1 to M7, a departure from international practices and standards. This situation has prompted the Central Bank of Chile to regroup and redefine money aggregates, reducing them to three categories—from M1 to M3—together with extending the coverage of its instruments.

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Paper provided by Central Bank of Chile in its series Economic Statistics Series with number 53.

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Date of creation: May 2006
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Handle: RePEc:chb:bcchee:53

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Dinah Maclean, 2001. "Analyzing the Monetary Aggregates," Bank of Canada Review, Bank of Canada, vol. 2001(Summer), pages 31-43. [Downloadable!]
  2. Sean Collins & Clive Thorp & Bruce White, 1999. "Defining money and credit aggregates: theory meets practice," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 62, June. [Downloadable!]
  3. Joseph Atta-Mensah, 2000. "Recent Developments in the Monetary Aggregates and Their Implications," Bank of Canada Review, Bank of Canada, vol. 2000(Spring), pages 3-10. [Downloadable!]
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This page was last updated on 2008-8-20.

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