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Fig. 5 | Financial Innovation

Fig. 5

From: On the monetary measures of global liquidity

Fig. 5

a Monthly Growth Rate of the CE Monetary Aggregate of North America. DLCENNA is log differences of CE measure for North America. The numbers 01 through 17 on the horizontal axis represent the years 2001 through 2017 respectively b Monthly Growth Rates of Monetary Aggregates (other than CE) of North America. DLDIVNA, DLGDPWNA, DLPCANA and DLSUMNA are log differences of Divisia index, GDP-weighted, PCA-based, and Simple-Sum measures for North America respectively. The numbers 01 through 17 on the horizontal axis represent the years 2001 through 2017 respectively

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