properties of the new Center for Financial Stability (CFS) Divisia monetary aggregates for the United States. In this study, we … chaotic explanation of their origin. The application of RPs to broad Divisia monetary aggregates encompasses an additional … broad Divisia monetary aggregates, we identify periods of changes in data-generating processes and associate such changes to …

economic theory. In contrast, Divisia monetary aggregates are directly derived from aggregation and index number theory. Credit … whether from assets or liabilities. As a result, it has recently been shown that Divisia monetary aggregates can be augmented … of consumer credit cannot be included in Divisia monetary aggregates for the United States since other sources of …

economic theory. In contrast, Divisia monetary aggregates are directly derived from aggregation and index number theory. Credit … whether from assets or liabilities. As a result, it has recently been shown that Divisia monetary aggregates can be augmented … of consumer credit cannot be included in Divisia monetary aggregates for the United States since other sources of …

developed and extended into a field of its own with solid foundations in microeconomic theory. Divisia monetary aggregates have … conventional Divisia monetary aggregates, since the volume of credit card transactions in Singapore is relatively small compared … Singapore, this paper applies the user cost of money formula and the recently developed credit-card-augmented Divisia monetary …