Buffer Stock Models and the Demand for Money - Softcover

Mizen, Paul

Softcover

ISBN 10: 0333595998 ISBN 13: 9780333595992

Publisher: Palgrave, 1994

Synopsis

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.

About this title

From the Back Cover

This important new text aims to make buffer stock theory accessible to undergraduate and postgraduate students. The book examines the nature of the buffer stock model of the demand for money and also makes an empirical investigation of one particular model using UK data. The concept of a buffer stock is explained with reference to other economic examples, and a survey is make 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. The book should be used by all those wishing to understand this important new development.

Edition details

• Publisher: Palgrave
• Publication date: 1994
• Language: English
• ISBN 10: 0333595998
• ISBN 13: 9780333595992
• Binding: Paperback
• Number of pages: 212