000 | 03846cam a2200361 i 4500 | ||
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001 | on1378313588 | ||
003 | OCoLC | ||
005 | 20240726104835.0 | ||
008 | 230505s1993 enka ob 001 0 eng d | ||
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_aNT _beng _erda _epn _cNT _dNT |
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_a9781349228270 _q((electronic)l(electronic)ctronic) |
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050 | 0 | 4 |
_aHG4529 _b.P678 1993 |
049 | _aMAIN | ||
100 | 1 |
_aThompson, Neil, _d1953- _e1 |
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245 | 1 | 0 | _aPortfolio theory and the demand for money /Neil Thompson. |
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_aBasingstoke, Hampshire : _bThe Macmillan Press, _c(c)1993. |
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_a1 online resource : _billustrations |
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_atext _btxt _2rdacontent |
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_acomputer _bc _2rdamedia |
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_aonline resource _bcr _2rdacarrier |
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_adata file _2rda |
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_a1. An Introduction to Portfolio Analysis -- _t2. The Mean-Variance Approach -- _tTobin's model of liquidity preference -- _tPortfolio choice with two risky assets -- _tGeneral results and other extensions -- _tIssues in mean-variance analysis -- _t3. Transactions and Precautionary Demand Models -- _tThe basic inventory model -- _tTarget-threshold models -- _tPrecautionary demand models -- _t4. Mixed Models and the General Utility Approach -- _tThe general utility approach -- _t5. The Empirical Demand for Money Function -- _tThe long-run money demand equation -- _tThe short-run equation -- _tChoice of variable -- _tThe main empirical findings -- _t6. Stability and the Demand for Money Function -- _tNarrow money -- _tBroad money -- _tUS studies -- _t7. Disequilibrium Money and Buffer Stock Models -- _tPartial adjustment and exogenous money -- _tLaidler's 'sticky-price' model -- _tThe Artis-Lewis model -- _tMulti-equation disequilibrium models -- _tMoney as a buffer stock -- _tThe Carr-Darby model -- _tOther buffer stock models -- _tBuffer stock models: a review -- _t8. Bank Lending Equations -- _tCompany sector borrowing -- _tPersonal sector borrowing -- _t9. The Demand for Long-term Government Securities -- _t10. Multi-asset Portfolio Models -- _tThe Brainard-Tobin system -- _tA portfolio model for banks -- _tAn integrated model of savings and portfolio allocation -- _tThe estimation of portfolio models -- _tFinancial sector models -- _tPersonal sector models -- _tMulti-sector models -- _t11. Summary and Conclusions. |
520 | 1 | _a"The demand for money function is arguably the most estimated equation in empirical macroeconomics, and a major theme of this book is to review this literature and assess the current state of our knowledge on the relation. Issues such as buffer stock money are analysed in detail, while consideration is also given to the use of new econometric techniques, such as cointegration and error-correction modelling. Throughout, the demand for money is treated as one element of a much wider portfolio choice problem, which also involves other financial and real assets." "The book begins with an analysis of the various theoretical approaches to the asset-allocation decision, before moving on to discuss the empirical literature in detail. As well as looking at single-equation studies of the demand for money and other assets, the results obtained from the more complete multi-asset portfolio models are also described." "The book is designed to be of use to students following courses in macroeconomics and applied econometrics, as well as to specialists in monetary economics."--BOOK JACKET. | |
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_a2 _ub |
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650 | 0 | _aPortfolio management. | |
650 | 0 | _aDemand for money. | |
655 | 1 | _aElectronic Books. | |
856 | 4 | 0 |
_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password. _uhttpss://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2857297&site=eds-live&custid=s3260518 |
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_cOB _D _eEB _hHG. _m1993 _QOL _R _x _8NFIC _2LOC |
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_a1 _bCynthia Snell _c1 _dCynthia Snell |