Toward a bias corrected currency equivalent index

William Barnett, John Keating and Logan Kelly

Economics Letters, 2008, vol. 100, issue 3, 448-451

Abstract: The currency equivalent index measures the discounted economic capital stock of money producing the monetary service flow, but does so under assumptions that cause downward bias. We propose an extension that will correct for a significant amount of this bias.

Date: 2008
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Related works:
Working Paper: Toward a Bias Corrected Currency Equivalent Index (2007)
Working Paper: Toward a Bias Corrected Currency Equivalent Index (2007)
Working Paper: Toward a Bias Corrected Currency Equivalent Index (2007)
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