A NOTE ON A CASH MANAGEMENT MODEL ALLOWING FOR OVERDRAFTS
考虑在机会成本、透支成本和转账成本下，银行活期账户应保持盈余的时间比例，并建立了透支限额和转账时机的递推关系。
This paper considers the proportion of time a current bank account should be in credit, given the opportunity, overdraft and transfer costs involved. Recurrence relations for the overdraft limit and timing of transfers are also established.