A RATIONALIZATION OF THE PRECAUTIONARY DEMAND FOR CASH

Essay specific features

 

Issue:

Business

 

Written by:

Jessica J

 

Date added:

October 19, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1030

 

Was viewed:

6667 times

 

Rating of current essay:

 
Essay content:

This article attempt to apply the logic of rational behavior to another of the Keynesian triad of motives for holding cash: the precautionary demand for cash. And comparing it with these interpretations 3. Try to finding what extent the approach developed above deviates from the variously interpreted precautionary demand for cash...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

Concept bases: Three factors affect the optimal size of precautionary cash balances: (1) the cost of illiquidity; (2) the opportunity cost of holding precautionary cash balances; and (3) the average volume and variability of receipts and disbursements. Since cash earns no explicit return, a firm incurs an opportunity cost when it holds cash instead of alternative income-earning assets...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services