The aim of this text is to make buffer stock theory accessible to undergraduate and post-graduate students. The book is split into two parts, an examination of the buffer stock model of the demand for money and an empirical investigation of one particular model on UK data. The concept of a buffer stock is explained with reference to other economic examples and a survey is made of the nature of the many types of buffer stock model. The econometric performance of the buffer stock model is evaluated using aggregate and sectoral data for the UK economy.
- ISBN10 033359598X
- ISBN13 9780333595985
- Publish Date 26 October 1994 (first published 1 October 1994)
- Publish Status Out of Print
- Out of Print 24 November 2000
- Publish Country GB
- Imprint Palgrave Macmillan
- Format Hardcover
- Pages 208
- Language English