Company Sector Liquid Asset Holdings: A Systems Approach
用货币效用函数理论建模英国公司部门的流动资产持有，发现对称性、同质性和负性（而非同质性）约束成立，并检验了协整技术在系统框架中的实用性。
Liquid asset holdings of the U.K. company sector are modeled using a money in the utility function theoretical approach. Symmetry, homogeneity, and negativity (but not homotheticity) restrictions are found to hold in a dynamic model using quarterly data. The authors examine the usefulness of cointegration techniques in a systems framework. The preferred dynamic equations are estimated using the Engle-Granger two-step procedure and have coefficients that are satisfactory on a priori grounds and are stable. Copyright 1992 by Ohio State University Press.