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While there has been some debate over the usefulness of monetary aggregates, there has been surprisingly little discussion of the actual implications for liquidity. In this paper, we provide an approximation of the liquidity development in six Euro area countries from 2003 to 2012. We show that...
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economic aggregatio and index number theory and aim to aggregate the money components by considering their transaction service …
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einem europäischen Divisia-Index wird außerdem ein mikroökonomisch fundierter¤ Ansatz für die Aggregation verschiedener …; Aggregationen mit einem europäishen Divisia-Index; Empirische Ergebnisse; Zusammenfassung der Ergebnisse. …
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