The relative forecasting performance of the Divisia and simple sum monetary aggregates

Journal of Money, Credit and Banking

Volumn 33, Issue 2, 2001, Pages 272-283

  Schunk, Donald L ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040924437     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.2307/2673885     Document Type: Article

References (16)

1. Anderson, Richard G., Barry E. Jones, and Travis D. Nesmith. "Introduction to the St. Louis Monetary Services Index Project." Federal Reserve Bank of St. Louis Review (January/February 1997), 25-29 (a).
2. _ . "Monetary Aggregation Theory and Statistical Index Numbers." Federal Reserve Bank of St. Louis Review (January/February 1997), 31-51 (b).
3. _ . "Building New Monetary Services Indexes: Concepts, Data, and Methods." Federal Reserve Bank of St. Louis Review (January/February 1997), 53-82 (c).
4. Barnett, William A. "Economic Monetary Aggregates: An Application of Index Number and Aggregation Theory." Journal of Econometrics 14 (September 1980), 11-48.
5. Barnett, William A., Edward K. Offenbacher, and Paul A. Spindt. "The New Divisia Monetary Aggregates." Journal of Political Economy 92 (December 1984), 1049-85.
6. Bozdogan, Hamparsum. "ICOMP: A New Model Selection Criterion." In Classification and Related Methods of Data Analysis, edited by H. H. Bock, pp. 599-608. Amsterdam: North-Holland, 1988.
7. Diewert, W. Erwin. "Exact and Superlative Index Numbers." Journal of Econometrics 4 (May 1976), 115-45.
8. Fisher, Douglas. Money Demand and Monetary Policy. Ann Arbor: The University of Michigan Press, 1989.
9. Fisher, Irving. The Making of Index Numbers: A Study of Their Varieties, Tests, and Reliability, 3rd edition. Cambridge: The Riverside Press, 1927.
10. Friedman, Milton, and Anna J. Schwarz. Monetary Statistics of the United States: Estimates, Sources, Methods. New York: Columbia University Press, 1970.
11. Hulten, Charles R. "Divisia Index Numbers." Econometrica 41 (November 1973), 1017-26.
12. Schunk, Donald L. A Macroeconomic and Sub-macroeconomic Evaluation of Divisia Monetary Aggregates: Evidence from Three Time Series Applications. Ph.D. dissertation. Knoxville: The University of Tennessee, 1999.
13. Serletis, Apostolos. "The Empirical Relationship between Money, Prices, and Income Revisited." Journal of Business and Economic Statistics 6 (July 1988), 351-58.
14. Serletis, Apostolos, and Martin King. "The Role of Money in Canada." Journal of Macroeconomics 15 (Winter 1993), 91-107.
15. Sims, Christopher A. "Macroeconomics and Reality." Econometrica 48 (January 1980), 1-48.
16. Swofford, James L., and Gerald A. Whitney. "The Composition and Construction of Monetary Aggregates." Economic Inquiry 29 (October 1991), 752-61.