Data Sources for the Credit-Card Augmented Divisia Monetary Aggregates

Barnett, William and Su, Liting (2016): Data Sources for the Credit-Card Augmented Divisia Monetary Aggregates.

Abstract

In 2013, the Center for Financial Stability (CFS) initiated its Divisia monetary aggregates database, maintained within the CFS program called Advances in Monetary and Financial Measurement (AMFM), in accordance with Barnett (1980, 2012). The CFS is now making available Divisia monetary aggregates extended to include the transactions services of credit cards. The extended aggregates are called the augmented Divisia monetary aggregates and are available to the public in monthly releases. The new aggregates are also available to Bloomberg terminal users. The theory on which the new aggregates is based is provided in Barnett and Su (2014). In this paper, we provide detailed information on the data sources used in producing the new augmented Divisia monetary aggregates.

• Item Type: MPRA Paper
• Language: English
• Keywords: monetary aggregates; credit cards; aggregation theory; index number theory; data; Divisia index.
• Subjects: C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology ; Computer Programs; E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates; G - Financial Economics > G1 - General Financial Markets

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