Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061784 | Economics Letters | 2008 | 4 Pages |
Abstract
The currency equivalent index measures the discounted economic capital stock of money producing the monetary service flow, but does so under assumptions that cause downward bias. We propose an extension that will correct for a significant amount of this bias.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
William A. Barnett, John W. Keating, Logan J. Kelly,