Paul Storer

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An Analysis of the Information Content of Alternative Monetary Aggregates

Technical Report No. 48 Doug Hostland, Stephen S. Poloz, Paul Storer
In this study the authors compare the information content of alternative monetary aggregates with respect to total spending in the economy, using data for Canada. The analysis considers 46 monetary measures, about half of which constitute conventional summation aggregates, while the remainder are superlative indices of monetary services based on the Fisher Ideal formula. The […]
Content Type(s): Technical Reports Topic(s): Monetary aggregates JEL Code(s): E, E5, E51

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