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

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 1998
Volume: 60
Issue: 2
Pages: 257-59

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This note shows that there is an error in the mathematical argument deployed by J. L. Ford, W. S. Peng, and A. W. Mullineux (1992). Once this is corrected, the author sees that, remarkably, the standard opportunity cost based weighting system remains appropriate even in the face of nonneutral technical change. Copyright 1998 by Blackwell Publishing Ltd

Technical Details

RePEc Handle
repec:bla:obuest:v:60:y:1998:i:2:p:257-59
Journal Field
General
Author Count
1
Added to Database
2026-01-29