Derivatives: A Monetary Aggregate Approach by Divisia Index

Derivatives: A Monetary Aggregate Approach by Divisia Index


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

Does Central Banks loose their control on Monetary Policy? The main scope of the book is to test the empirical validity of enriching money demand function with derivatives using the new monetary aggregates. As a result it is concluded that monetary policy has lost some effectiveness after the introduction of derivative instruments to the financial markets. In the application part time series models are used for modeling money demand and supply.

Product Specifications
SKU :COC42848
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-01-08
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