Monetary Aggregation
This entry on monetary aggregation will appear under that title in The New Palgrave Dictionary of Economics, 2nd edition, edited by Steven Durlauf and Lawrence Blume. The entry provides an up-to-date overview of state-of-the-art research on monetary aggregation and index number theory, from its origins in 1980 to the current time. At the end of this dictionary entry, emphasis is placed on ongoing research on extensions to risk and to multilateral aggregation within multicountry areas, such as the euro area. Research on monetary aggregation theory has been especially successful in solving the 'puzzles' that have appeared in the monetary economics literature over the past 35 years.
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| Length: | 13 pages |
| Date of creation: | Mar 2005 |
| Date of revision: | Mar 2005 |
| Handle: | RePEc:kan:wpaper:200510 |
| Contact details of provider: | Postal: 415 Snow Hall, Lawrence, KS 66045 Phone: (785) 864-3501 Fax: (785) 864-5270 Web page: http://www2.ku.edu/~kuwpaper/ Email: More information through EDIRC
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References listed on IDEAS
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- Barnett, William A., 1978. "The user cost of money," Economics Letters, Elsevier, vol. 1(2), pages 145-149.
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