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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Bibliographic Details
Main Author: F. BRECHLING
Format: Article
Language:English
Published: Associazione Economia civile 2014-03-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11967