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Author
Shiller, Robert J. (1)
Subject
PRECIOS (1)TIPO DE CAMBIO (1)ÍNDICE DE PRECIOS AL CONSUMIDOR (1)... View More
Date Issued
2002 (1)
Document Type
Artículo (1)
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Indexed units of account: theory and assessment of historical experience 

Author
Shiller, Robert J.
Date
Banco Central de Chile, 2002
Subject
TIPO DE CAMBIO; PRECIOS; ÍNDICE DE PRECIOS AL CONSUMIDOR
An indexed unit of account, such as the Unidad de Fomento (UF) in Chile, is a money analogue that can be used to price items for sale or to specify Amounts to be repaid in the future. While it is in a sense a sort of money, it is not true money since it is not a medium of exchange and it has no physical ...
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