Understanding the stability of the money demand function is crucial for determining how
money impacts inflation and output, and optimizing monetary policy operations. Our study …

We provide a novel justification for a financial transaction tax for economies where agents
face stochastic consumption opportunities. A financial transaction tax makes it more costly …

Purpose: The study sought to test the effect of financial technology on money demand in
selected African states. The study drew from the fact that there is significant latent demand …

Transaction cost model predicts opportunity costs should negatively affect money demand.
Examining the effect of cost of carry (CC) on cash holdings at the firm‐level, rather the …

Previous studies argue that, based on the New Keynesian framework, a fiscal stimulus
financed by money creation has a strong positive effect on output under a reasonable …

I quantify the distributional effects of expected inflation in a sample of OECD countries using
a microfounded model of money where agents differ in their consumption risk, against which …

The observed money demand in the US had a stable negative relation with the interest rate
up until the 1990s. After this period, this relation fell apart and has never been restored. We …

We derive a new theoretical model of money demand, which reflects backward‐and forward‐
looking preferences in consumption and utility. The former aspect is captured by standard …

The interaction of debt and economic performance has been getting more attention over the
last few years. However, models making provision for debt are still outnumbered by models …

This research aims to analyze the financial performance of Village Fund Allocation (ADD) in
Simanaere Village, Idanoi District, Gunungsitoli City, based on the calculation of financial …