The book is an in-depth review of the theory and empirics of the demand for money and other financial assets. The different theoretical approaches to the portfolio choice problem are described, together with an up-to-date survey of the results obtained from empirical studies of asset choice behaviour. Both single-equation studies and the more complete multi-asset portfolio models, are analysed.
equilibrium government securities money portfolio Portfolio Analysis Portfolio Model Portfolio Theory science and technology stability utility
Authors and affiliations
1.University of SalfordUK
Copyright InformationPalgrave Macmillan, a division of Macmillan Publishers Limited 1993