The Demand of Liquid Assets with Uncertain Lumpy Expenditures
收藏NBER2012-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w18152
下载链接
链接失效反馈官方服务:
资源简介:
We consider an inventory model for a liquid asset where the per-period net expenditures have two components: one that is frequent and small and another that is infrequent and large. We give a theoretical characterization of the optimal management of liquid asset as well as of the implied observable
提供机构:
美国国家经济研究局
创建时间:
2012-06-01



