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The Transactions Demand for Cash: An Inventory Theoretic Approach

William J. Baumol
The Quarterly Journal of Economics
Vol. 66, No. 4 (Nov., 1952), pp. 545-556
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1882104
Page Count: 12
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The Transactions Demand for Cash: An Inventory Theoretic Approach
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Abstract

Introduction, 545.--I. A simple model, 545.--II. Some consequences of the analysis, 549.--III. The simple model and reality, 552.

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