The public's preference for cash
The article examines the validity of Professor Gambino’s thesis that the supply of money in an economy with a commercial banking system is likely to vary owing to changes in the public’s preference for cash. The author first attempts to show that the public’s cash preference ratio does not remain co...
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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2014-03-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11967 |