Binner, Jane M.; Gazely, Alicia M.; Chen, Shu-Heng; … - In: Contemporary Economic Policy 22 (2004) 2, pp. 213-224
In this article a Divisia monetary index is constructed for the Taiwan economy, and its inflation forecasting potential is compared with that of its traditional simple sum counterpart. The Divisia index is adjusted in two ways to allow for the financial liberalization that Taiwan has experienced...