Baumol–Tobin model
id:
baumol-tobin-model-193-13806442
title:
Baumol–Tobin model
text:
The Baumol–Tobin model is an economic model of the transactions demand for money as developed independently by William Baumol (1952) and James Tobin (1956). The theory relies on the tradeoff between the liquidity provided by holding money and the interest forgone by holding one’s assets in the form of non-interest bearing money. The key variables of the demand for money are then the nominal interest rate, the level of real income that corresponds to the number of desired transactions, and the fi
brand slug:
wiki
category slug:
encyclopedia
description:
Economic model
original url:
https://en.wikipedia.org/wiki/Baumol%E2%80%93Tobin_model
date created:
date modified:
2023-08-31T13:15:51Z
main entity:
{"identifier":"Q3318030","url":"https://www.wikidata.org/entity/Q3318030"}
image:
fields total:
13
integrity:
14