Abstract - Inflation and Cash

Journal of Reviews on Global Economics

Inflation and CashPages 152-156

Vladimir A. Popov

DOI: https://doi.org/10.6000/1929-7092.2018.07.13

Published: 09 March 2018  


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.

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

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