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The Transactions Demand for Cash: An Inventory Theoretic Approach
The Quarterly Journal of Economics · 1952 · Vol. 66(4) · pp. 545–545
William J. Baumöl✉(Princeton University)
Abstract
Introduction, 545. — I. A simple model, 545. — II. Some consequences of the analysis, 549. — III. The simple model and reality, 552.
Financial Reporting and Valuation ResearchEconomicsCashEconometricsFinancial economicsMicroeconomicsMacroeconomics
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The Journal of Finance · 2009 · 2,769 citations
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