INTERFIRM VARIATION IN LIQUIDITY PREFERENCE

Abstract

The topic of this paper is the modeling of the firm's demand for money relative to its portfolio of wealth. The specific goal of this research is the establishment of predictors of the business demand for money, which are normally neglected in aggregate models. Since the neglected predictors have aggregate counterparts, establishing their predictive power serves the purpose of improving the ability to predict the aggregate demand for money.

Citation

Dickey, S.W. and Vogel, R.C. (1987), "INTERFIRM VARIATION IN LIQUIDITY PREFERENCE", Studies in Economics and Finance, Vol. 11 No. 1, pp. 18-28. https://doi.org/10.1108/eb028672