Financial Innovation and the Transactions Demand for Cash
收藏NBER2007-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13416
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资源简介：
We document cash management patterns for households that are at odds with the predictions of deterministic inventory models that abstract from precautionary motives. We extend the Baumol-Tobin cash inventory model to a dynamic environment that allows for the possibility of withdrawing cash at random
提供机构：
美国国家经济研究局
创建时间：
2007-09-01
