Inflation and Cash

Vladimir A. Popov ()
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Vladimir A. Popov: Financial University, Moscow, Russia

Journal of Reviews on Global Economics, 2018, vol. 7, 152-156

Abstract: Cash demand is investigated by means of mathematical analysis. The optimal cash amount a person needs in order to minimize the effect of inflation and maximize percent money is given here. The corresponding number of cash transfers for a period is calculated. The corresponding formulas are presented and proved.

Keywords: Baumol-Tobin formula; cash withdrawal; average cash; cash demand; inflation rate. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:lif:jrgelg:v:7:y:2018:p:152-156

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