NA/94 A volume index for the output of the Dutch banking industry based on quantity indicators

The purpose of this study is to find a sufficiently reliable volume index for output and value added of banking. The output consists of two components: commissions and FISIM; the latter being the largest part by far. Lacking directly observable and measurable prices, it is impossible to compose price indices of output in the usual way and to deflate FISIM with them.

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