00000caa a22000003i 4500 UP-1685594773862388543 Buklod 20210318142151.0 m | | ta 210318s1998 xx r |||| u|eng d (iLib)UPBAG-00039513734 BAG rda eng ARTICLE-2730 Habibullah, Muzafar Shah author. The information content of alternative monetary aggregates simple-sum versus divisia money in selected Asian countries Muzafar Shah Habibullah. 1998 pages 140-176 25 cm text rdacontent unmediated rdamedia volume rdacarrier Includes bibliographical references (pages 171-176). The use of Divisia monetary aggregate has been proposed in the economic literature to take into account the different degrees of liquidity of the interest-bearing financial assets included in defining ?money?. Despite the theoretical implication of the Divisia approach as an appropriate measurement of monetary services, the investigation has been mostly limited to developed countries. In this paper, the approach is applied to Asian monetary aggregates; the performance of the Divisia monetary aggregates together with its counterpart, the conventional Simple-sum aggregates, were then tested for their information content about national income using Granger-causality technique. Our results suggest that there is a role for Divisia monetary aggregate as intermediate indicator for policy purposes in the ?deregulated? Asian economies. The Philippine Review of Business and Economics Vol. XXXV, No. 2 (December 1998), p. 140-176. (viewed 18 March 2021) FI UPBAG UPBAG-MAIN ARTICLE-2730 Analytics