Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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How to kill the stable measuring unit assumption
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Showing posts with label
How to kill the stable measuring unit assumption
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Friday 12 March 2010
How to kill the stable measuring unit assumption
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Non-monetary items are subdivided in variable and constant items. Only constant items have to be inflation-adjusted in terms of the Framewor...
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