| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5090031 | Journal of Banking & Finance | 2012 | 15 Pages |
Abstract
⺠This study documents a marked upward trend in cash holding across industrialized countries. ⺠However, the driving forces underlying the cash pattern are not uniform across countries. ⺠The agency motive plays a role in the rise in cash balances in Germany. ⺠Our analysis highlights that the functioning of the financial system is crucial to cash policy.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Mai E. Iskandar-Datta, Yonghong Jia,