Arbeitspapier

Demands for real and financial assets in Botswana

Traditionally, asset demands are derived as a solution to the individual's or household's problem of allocating wealth among various real and financial alternatives. The demand for each asset depends on the own real rate of return, but also on the real rates of return to alternative assets. The sensitivity to own and cross rates captures the speculative element in portfolio allocation, the motive usually being to maximise end-of-period wealth. Typically, asset demands also depend on income, reflecting the transactions motive for asset holding. These determinants are generally the same, whether the asset choice is seen to take place under conditions of risk or certainty.

Language
Englisch

Bibliographic citation
Year: 1985 ; Kiel: Institut für Weltwirtschaft (IfW)

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Dee, Philippa S.
Event
Veröffentlichung
(who)
Kiel Institute of World Economics (IfW)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel
(when)
1985

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Dee, Philippa S.
  • Kiel Institute of World Economics (IfW)
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 1985

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