Inflation and Cash

Authors

  • Vladimir A. Popov Financial University, Moscow

Keywords:

Baumol-Tobin formula, cash withdrawal, average cash, cash demand, inflation rate.

Abstract

Cash demand is investigated by means of mathematical analysis. The optimal cash amount a person needs in order to minimize the effect of inflation and maximize percent money is given here. The corresponding number of cash transfers for a period is calculated. The corresponding formulas are presented and proved.

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Published

2018-03-09

How to Cite

Popov, V. A. (2018). Inflation and Cash. Journal of Reviews on Global Economics, 7, 152–156. Retrieved from http://lifescienceglobalca.com/index.php/jrge/article/view/5284

Issue

Section

Special Issue - RECENT DEVELOPMENT OF CAPITAL STRUCTURE THEORY AND ITS APPLICATIONS