Barnett, William A.; Nguyen, Van H. - In: Journal of risk and financial management : JRFM 14 (2021) 8, pp. 1-15
Since Barnett derived the user cost price of money, the economic theory of monetary services aggregation has been … developed and extended into a field of its own with solid foundations in microeconomic theory. Divisia monetary aggregates have … microeconomic aggregation or index number theory. However, most central banks in the world, including that of Singapore, the …