Demand for cash with intra-period endogenous consumption

DOI10.1016/J.JEDC.2013.06.013MaRDI QIDQ1994190zbMATHOpenAlexFDO

Authors A. Bar-Ilan, Nancy P. Marion

Publication date 1 November 2018

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2013.06.013

zbMATH Keywords

consumption smoothingmoney demanddrift control

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Queueing theory (aspects of probability theory) (60K25)

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Cites work

• scientific article; zbMATH DE number 48635 (Why is no real title available?)
• A generalized impulse control model of cash management
• Drift control of international reserves
• Drift rate control of a Brownian processing system
• Dynamic Control of a Queue with Adjustable Service Rate
• Existence of Optimal Simple Policies for Discounted-Cost Inventory and Cash Management in Continuous Time
• Financial Innovation and the Transactions Demand for Cash
• Heavy traffic analysis of a queueing system with bounded capacity for two types of customers
• Optimal buffer size and dynamic rate control for a queueing system with impatient customers in heavy traffic
• Optimal impulse control for a multidimensional cash management system with generalized cost functions

Cited in

(3)

• Financial Innovation and the Transactions Demand for Cash
• Transaction costs and consumption
• International reserve management: a drift-switching reflected jump-diffusion model

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