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The microeconomic foundations of money are once again in vogue. The present note investigates some issues related to a money-in-the-utility-function model in the tradition of Sidrauski (1967). I want to explore here the linkages between inflation and the monetary dynamics of a household or a small open economy.

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© 1988 Springer-Verlag Berlin · Heidelberg

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Dornbusch, R. (1988). Notes on Optimal Cash Balance Adjustment. In: Franz, W., Gaab, W., Wolters, J. (eds) Theoretische und angewandte Wirtschaftsforschung. Springer, Berlin, Heidelberg.

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  • Print ISBN: 978-3-642-73188-4

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