金融创新与Divisia货币总量:对Ford, Peng, Mullineux (1992)的评论

Financial Innovation and Divisia Monetary Aggregates: Comment on Ford, Peng, Mullineux (1992)

Oxford Bulletin of Economics and Statistics · 1998
被引 2
人大 AABS 3

中文导读

指出Ford等人(1992)论文中的数学论证错误,并证明即使存在非中性技术变革,基于机会成本的加权体系仍然适用。

Abstract

This note shows that there is an error in the mathematical argument deployed by Ford et al . (1992). Once this is corrected, we see that, remarkably, the standard opportunity cost based weighting system remains appropriate even in the face of non‐neutral technical change .

金融创新Divisia货币总量机会成本加权非中性技术变革