scholarly journals Monetary Aggregation Theory and Statistical Index Numbers

1996 ◽  
Author(s):  
Richard G. Anderson ◽  
Barry Jones ◽  
Travis Nesmith
Keyword(s):  
Statistical Index ◽  
Index Numbers ◽  
Monetary Aggregation

scholarly journals Monetary Aggregation Theory and Statistical Index Numbers

1997 ◽  
Vol 79 (1) ◽  
Author(s):  
Richard G. Anderson ◽  
Barry Jones ◽  
Travis Nesmith
Keyword(s):  
Statistical Index ◽  
Index Numbers ◽  
Monetary Aggregation

scholarly journals THE EXACT THEORETICAL RATIONAL EXPECTATIONS MONETARY AGGREGATE

2000 ◽  
Vol 4 (2) ◽  
pp. 197-221 ◽  
Author(s):  
William A. Barnett ◽  
Melvin J. Hinich ◽  
Piyu Yue
Keyword(s):  
Method Of Moments ◽  
Rational Expectations ◽  
Tracking Error ◽  
Generalized Method Of Moments ◽  
Simulated Data ◽  
Monetary Aggregate ◽  
Statistical Index ◽  
Tracking Errors ◽  
Index Numbers ◽  
Nonlinear Structure

In aggregation theory, index numbers are judged relative to their ability to track the exact aggregator functions nested within the economy's structure. We compare two statistical index numbers—the Divisia monetary aggregate and the simple-sum monetary aggregate—with the exact rational expectations monetary aggregate, using actual data. Because we are not using simulated data, we estimate the parameters of the Euler equations, and thereby of the nested monetary aggregator function, using the generalized method of moments. We explore the tracking errors of the two index numbers relative to the estimated exact aggregate. We investigate the circumstances under which risk aversion increases tracking error. We also use polyspectral methods to test for the existence of remaining nonlinear structure in the residual tracking errors.

Further Notes Regarding Selection Index Numbers

1912 ◽  
Vol 46 (545) ◽  
pp. 302-307
Author(s):  
Raymond Pearl
Keyword(s):  
Selection Index ◽  
Index Numbers

scholarly journals Multilevel Methodology Approach for the Construction of Real Estate Monthly Index Numbers

2014 ◽  
Vol 22 (2) ◽  
pp. 281-302
Author(s):  
Marco Simonotti ◽  
Francesca Salvo ◽  
Marina Ciuna
Keyword(s):  
Real Estate ◽  
Index Numbers ◽  
Monthly Index

The Effect of Weights on Certain Index Numbers

1938 ◽  
Vol 6 (3) ◽  
pp. 282-306 ◽  
Author(s):  
Douglas E. Scates ◽  
Virginia Fauntleroy
Keyword(s):  
Index Numbers
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