The Demand for Money, Financial Innovation, and the Welfare Cost of Inflation: An Analysis with Household Data

We use microeconomic data on households to estimate the parameters of the demand for currency derived from a generalized Baumol‐Tobin model. Our data set contains information on average currency, deposits, and other interest‐bearing assets; the number of trips to the bank; the size of withdrawals; a...

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Bibliographic details
Volume: 110
Main Author: Orazio P. Attanasio
Luigi Guiso
Tullio Jappelli
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: CHICAGO The University of Chicago Press 01.04.2002
University of Chicago Press
published in: The Journal of political economy Vol. 110; no. 2; pp. 317 - 351
Data of publication: 20020400
ISSN: 0022-3808
EISSN: 1537-534X
Alternate Title: Demand for Money
Discipline: Economics
Political Science
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2002
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