A leading economist contends that the recent financial crisis was caused not by the failure of
mainstream economics but by corrupted monetary data constructed without reference to …

This paper proposes a set of alternative DEA-based money indices that are proved to be
both theoretically and empirically competing monetary aggregates since they perform as …

In this paper, we are motivated by the fast growing literature that investigates the
performance of Divisia monetary aggregates. We construct Divisia monetary aggregates for …

This study constructed three alternative measures of Divisia monetary aggregates
corresponding to two official measures of monetary aggregates, M2 and M3, and one …

Das Kompendium liefert einen umfassenden Überblick über die zentralen Bereiche der
Volkswirtschaftslehre. Die einzelnen Beiträge haben jeweils die Länge eines vollständigen …

It is well documented that financial innovation has led to poor performance of simple sum
method of monetary aggregation destabilizing the historical relationship between monetary …

Any enquiry into the nature, performance, role, demerits, growth, efficiency, or other aspects
of financial services such as banking and insurance activities, requires rigorous estimates of …

The CES specification has been an important watershed in the development of the
production function and its applications over the past fifty years. While the original …

This paper empirically examines the properties of a new weighted monetary aggregate,
Currency equivalent monetary aggregate (CEMA) for India using the components of a broad …

This study computes Divisia monetary aggregates DM1, DM2, and DM3 for Nigeria using the
Tornqvist-Theil quantity index for the period 2007M12 to 2020M12 and evaluates the …