Transactions by Individuals for Non-Investment Reasons

Gordon Pepper
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Gordon Pepper: Department of Banking and Finance, City University Business School

Chapter 4 in Money, Credit and Asset Prices, 1994, pp 44-45 from Palgrave Macmillan

Abstract: Abstract The previous chapter described transactions by institutions for non-investment reasons. This brief chapter covers similar ground for individuals. There is no doubt that the motivation behind many transactions in securities is the need to either raise or invest cash.

Date: 1994
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DOI: 10.1057/9780230375932_5

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