Irving Fisher on his Head: The Consequences of Constant Threshold-Target Monitoring of Money Holdings
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I. Introduction, 169. — II. Relation between payments flows and money demand with threshold-target monitoring, 173. — III. Comments on the model, 178. — IV. Agreement with empirical evidence, 180. — V. Summary and conclusion, 182. — Appendix, 182.
[1] William J. Baumol,et al. The Transactions Demand for Cash: An Inventory Theoretic Approach , 1952 .