The income elasticity of demand for cash balances in Canadian industry : an empirical investigation
This study examines the transactions demand for cash in several sectors of Canadian industry. In particular, the question of the existence of economies and diseconomies of scale in the holding of cash balances is investigated. In the estimation procedure, sales were used as an approximation of tran...
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Language: | English |
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University of British Columbia
2011
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Online Access: | http://hdl.handle.net/2429/36233 |