A Simple General Equilibrium Version of the Baumol-Tobin Model
- 1 November 1986
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 101 (4) , 663-685
- https://doi.org/10.2307/1884173
Abstract
This paper presents a simple general equilibrium model that includes optimizing choices of the frequency of trips to the bank. The model is used to aKeywords
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