Alkhareif, Ryadh; Barnett, William A. - Volkswirtschaftliche Fakultät, … - 2012
This paper builds monthly time-series of Divisia monetary aggregates for the Gulf area for the period of June 2004 to … indicator (Woodford, 2003). Properly weighted monetary aggregates provide critical information to policy makers regarding inside … growth rates. Our findings unfold the superiority of the Divisia indexes over the officially published simple-sum monetary …