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Bank of Canada RSS Feedsen2024-03-29T05:14:32+00:00The Empirical Performance of Alternative Monetary and Liquidity Aggregates
https://www.bankofcanada.ca/1995/12/working-paper-1995-12/
This paper examines the empirical performance of alternatives to the monetary aggregates currently published by the Bank of Canada. The results show that real M1 and real M1a perform about equally well in providing leading information about real output at short horizons. However, on theoretical grounds, M1a is a more attractive aggregate, since it excludes […]1995-12-01T15:14:10+00:00enThe Empirical Performance of Alternative Monetary and Liquidity Aggregates1995-12-01Monetary and financial indicatorsWorking Paper 1995-12 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp95-12.pdfThe Empirical Performance of Alternative Monetary and Liquidity AggregatesJoseph Atta-MensahDecember 1995