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BUFFER STOCK MODELS AND THE DEMAND FOR MONEY: Book by Paul Mizen

BUFFER STOCK MODELS AND THE DEMAND FOR MONEY

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ISBN: 9780333595985    Publisher: PALGRAVE Year of publishing: 1994     Format:  Hardback No of Pages: 208        Language: English
The aim of this text is to make buffer stock theory accessible to undergraduate and post-graduate students. The book is split into two parts, an examination of the buffer stock model of the demand for money...Read more
The aim of this text is to make buffer stock theory accessible to undergraduate and post-graduate students. The book is split into two parts, an examination of the buffer stock model of the demand for money and an empirical investigation of one particular model on UK data. The concept of a buffer stock is explained with reference to other economic examples and a survey is made of the nature of the many types of buffer stock model. The econometric performance of the buffer stock model is evaluated using aggregate and sectoral data for the UK economy.
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