Andreadis, Ioannis; Fragkou, Athanasios D.; … - In: Financial innovation : FIN 9 (2023) 1, pp. 1-17
properties of the new Center for Financial Stability (CFS) Divisia monetary aggregates for the United States. In this study, we … use the latest vintage of Divisia aggregates, maintained within CFS. We use monthly data, from January 1967 to December … make comparisons between narrow and broad Divisia money measures and find evidence of a nonlinear but reserved possible …