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This book presents a clear exposition of what constitutes asymmetry in economics. It provides an empirical application of these ideas in the case of the EU. In particular, it shows how important asymmetry is for the appropriate design of policy in the Euro Area.
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Intro -- Contents -- Introduction -- 1 International Financial Aggregation and Index Number Theory: A Chronological … Half-Century Empirical Overview -- 1.1. Introduction -- 1.2. Monetary Aggregation Theory -- 1.2.1. Monetary Aggregation … -- 1.2.2. Aggregation Theory versus Index Number Theory -- 1.2.3. The Economic Decision -- 1.2.4. The Divisia Index -- 1 …
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