Bank of England’s Divisia M4 and Nominal GDP

There is an interesting post from a British blog on the Bank of England’s Divisia money and NGDP. The author is Duncan Brown and the name of the blog is wonkery.

The British results are similar to the US results with Divisia M4. See last week’s article in Bloomberg Businessweek magazine.

Divisia M4 monthly results for the US can be found here.

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About William A. Barnett

Dr. Barnett is Director of Advances in Monetary and Financial Measurement at the Center for Financial Stability. Dr. Barnett is Oswald Distinguished Professor of Macroeconomics at the University of Kansas Department of Economics and Core Faculty Member of the Center for Global and International Studies at the University of Kansas, as well as Senior Fellow of the IC2 Institute at the University of Texas at Austin. He is founder and editor of the Cambridge University Press journal, Macroeconomic Dynamics, and founder and editor of the Emerald Press monograph series, International Symposia in Economic Theory and Econometrics.