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Abstract

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. https://doi.org/10.1007/978-3-642-73187-7_5

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  • DOI: https://doi.org/10.1007/978-3-642-73187-7_5

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-73188-4

  • Online ISBN: 978-3-642-73187-7

  • eBook Packages: Springer Book Archive

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