000 03846cam a2200361 i 4500
001 on1378313588
003 OCoLC
005 20240726104835.0
008 230505s1993 enka ob 001 0 eng d
040 _aNT
_beng
_erda
_epn
_cNT
_dNT
020 _a9781349228270
_q((electronic)l(electronic)ctronic)
050 0 4 _aHG4529
_b.P678 1993
049 _aMAIN
100 1 _aThompson, Neil,
_d1953-
_e1
245 1 0 _aPortfolio theory and the demand for money /Neil Thompson.
260 _aBasingstoke, Hampshire :
_bThe Macmillan Press,
_c(c)1993.
300 _a1 online resource :
_billustrations
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
504 _a2
505 0 0 _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.
530 _a2
_ub
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
942 _cOB
_D
_eEB
_hHG.
_m1993
_QOL
_R
_x
_8NFIC
_2LOC
994 _a92
_bNT
999 _c80105
_d80105
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell