Money demand function has always been an important constituent of the macroeconomic models and policy making. A stable money demand function is crucial for the efficient conduct of monetary policy ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. In economics, demand is the consumer's ...

This article obtains demand functions for risky assets without making a priori assumptions about the form of the utility function. In a simple portfolio model, the envelope theorem is applied to the ...