Portfolio theory and the demand for money:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Basingstoke u.a.
St. Martin's Press
1993
New York, NY Macmillan |
| Edition: | 1. publ. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XII, 212 S. graph. Darst. 23 cm |
| ISBN: | 0333572602 0312095805 |
Staff View
MARC
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| 100 | 1 | |a Thompson, Neil |d 1953- |e Verfasser |0 (DE-588)136269591 |4 aut | |
| 245 | 1 | 0 | |a Portfolio theory and the demand for money |c Neil Thompson |
| 250 | |a 1. publ. | ||
| 264 | 1 | |a Basingstoke u.a. |b St. Martin's Press |c 1993 | |
| 264 | 1 | |a New York, NY |b Macmillan | |
| 300 | |a XII, 212 S. |b graph. Darst. |c 23 cm | ||
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| 650 | 4 | |a Demand for money | |
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Record in the Search Index
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| adam_text | Contents
List of Figures i*
Preface x
1 An Introduction to Portfolio Analysis 1
2 The Mean Variance Approach 4
Tobin s model of liquidity preference 6
Portfolio choice with two risky assets 14
General results and other extensions 7
Issues in mean variance analysis 20
3 Transactions and Precautionary Demand Models 25
The basic inventory model 25
Target threshold models 31
Precautionary demand models 35
4 Mixed Models and the General Utility Approach 42
The general utility approach 43
5 The Empirical Demand for Money Function 49
The long run money demand equation 0
The short run equation ^
Choice of variable 65
The main empirical findings ^6
6 Stability and the Demand for Money Function 75
Narrow money 76
Broad money 82
US studies 87
7 Disequilibrium Money and Buffer Stock Models 96
Partial adjustment and exogenous money 97
Laidler s sticky price model 98
vii
viii Contents
The Artis Lewis model 100
Multi equation disequilibrium models 104
Money as a buffer stock 108
The Carr Darby model 109
Other buffer stock models 115
Buffer stock models: a review 123
8 Bank Lending Equations 125
Company sector borrowing 125
Personal sector borrowing 128
9 The Demand for Long term Government Securities 131
10 Multi asset Portfolio Models 136
The Brainard Tobin system 136
A portfolio model for banks 143
An integrated model of savings and portfolio allocation 145
The estimation of portfolio models 147
Financial sector models 148
Personal sector models 154
Multi sector models 156
11 Summary and Conclusions 167
Notes and References 174
Bibliography 189
Index 205
List of Figures
2.1 Utility function of a risk averse individual 5
2.2 Utility function of a risk lover 6
2.3 The equilibrium portfolio for a risk averse individual 8
2.4 The equilibrium portfolio for a risk neutral individual 9
2.5 The equilibrium portfolio for a risk lover 10
2.6 The effect of an increase in the rate of interest 11
2.7 The effect of an increase in riskiness 13
2.8 Risk return combinations for two risky assets 16
2.9 The separation theorem and borrowing and lending
portfolios 18
2.10 The efficient frontier with different borrowing and
lending rates 19
3.1 The time profile of cash holdings in the Baumol model 26
3.2 Cash balance management in the Miller Orr model 33
3.3 The probability distribution of cash flows 37
3.4 The demand for precautionary balances 38
ix
|
| any_adam_object | 1 |
| author | Thompson, Neil 1953- |
| author_GND | (DE-588)136269591 |
| author_facet | Thompson, Neil 1953- |
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| callnumber-first | H - Social Science |
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| callnumber-raw | HG4529.5.T48 1993 |
| callnumber-search | HG4529.5.T48 1993 |
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| callnumber-subject | HG - Finance |
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| ctrlnum | (OCoLC)27187451 (DE-599)BVBBV008273370 |
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| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
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| dewey-search | 332.6 332.6 20 |
| dewey-sort | 3332.6 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 1. publ. |
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| id | DE-604.BV008273370 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T17:17:33Z |
| institution | BVB |
| isbn | 0333572602 0312095805 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-005465575 |
| oclc_num | 27187451 |
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| physical | XII, 212 S. graph. Darst. 23 cm |
| publishDate | 1993 |
| publishDateSearch | 1993 |
| publishDateSort | 1993 |
| publisher | St. Martin's Press Macmillan |
| record_format | marc |
| spelling | Thompson, Neil 1953- Verfasser (DE-588)136269591 aut Portfolio theory and the demand for money Neil Thompson 1. publ. Basingstoke u.a. St. Martin's Press 1993 New York, NY Macmillan XII, 212 S. graph. Darst. 23 cm txt rdacontent n rdamedia nc rdacarrier Beleggingen gtt Geldmarkt gtt Portfolio-theorie gtt Portfolio management Demand for money Portfolio Selection (DE-588)4046834-3 gnd rswk-swf Portfoliomanagement (DE-588)4115601-8 gnd rswk-swf Geldnachfrage (DE-588)4128444-6 gnd rswk-swf Geldnachfragefunktion (DE-588)4128445-8 gnd rswk-swf Geldnachfrage (DE-588)4128444-6 s Portfoliomanagement (DE-588)4115601-8 s DE-604 Geldnachfragefunktion (DE-588)4128445-8 s DE-188 Portfolio Selection (DE-588)4046834-3 s HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=005465575&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Thompson, Neil 1953- Portfolio theory and the demand for money Beleggingen gtt Geldmarkt gtt Portfolio-theorie gtt Portfolio management Demand for money Portfolio Selection (DE-588)4046834-3 gnd Portfoliomanagement (DE-588)4115601-8 gnd Geldnachfrage (DE-588)4128444-6 gnd Geldnachfragefunktion (DE-588)4128445-8 gnd |
| subject_GND | (DE-588)4046834-3 (DE-588)4115601-8 (DE-588)4128444-6 (DE-588)4128445-8 |
| title | Portfolio theory and the demand for money |
| title_auth | Portfolio theory and the demand for money |
| title_exact_search | Portfolio theory and the demand for money |
| title_full | Portfolio theory and the demand for money Neil Thompson |
| title_fullStr | Portfolio theory and the demand for money Neil Thompson |
| title_full_unstemmed | Portfolio theory and the demand for money Neil Thompson |
| title_short | Portfolio theory and the demand for money |
| title_sort | portfolio theory and the demand for money |
| topic | Beleggingen gtt Geldmarkt gtt Portfolio-theorie gtt Portfolio management Demand for money Portfolio Selection (DE-588)4046834-3 gnd Portfoliomanagement (DE-588)4115601-8 gnd Geldnachfrage (DE-588)4128444-6 gnd Geldnachfragefunktion (DE-588)4128445-8 gnd |
| topic_facet | Beleggingen Geldmarkt Portfolio-theorie Portfolio management Demand for money Portfolio Selection Portfoliomanagement Geldnachfrage Geldnachfragefunktion |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=005465575&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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