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A generalized impulse control model of cash management

Article Abstract:

A general model of cash management, viewed as an impulse control problem for a stochastic money flow process is presented. The controlled process is studied in steady state and the closed-form results can be used to determine optimal values for target and trigger values numerically.

Author: Perry, David, Bar-IIan, Avner, Stadje, Wolfgang
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2004
United States, Cash Management, Cost Control Techniques, Models, Cost control, Cost reduction

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A critical realist interpretation of evolutionary growth theorising

Article Abstract:

The usage of critical realist interpretation, for the analysis of the evolutionary theories of economic growth, is described.

Author: Castellacci, Peter
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2006
Norway, Usage, Economics, Economic theory, Critical realism

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Subjects list: Analysis
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