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Dynamic consumer cash inventory model / Kim P. Huynh, Oleksandr Shcherbakov, André Stenzel.: FB3-5/2025-22E-PDF

"We study consumer cash inventory behavior by developing a dynamic model of forward-looking consumers and estimating structural parameters of the model using detailed consumer survey data. Consumers facing holding and withdrawal costs solve a discrete-time continuous-control dynamic programming problem to optimally use cash at the point of sale"--Abstract, page ii.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.954600&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleDynamic consumer cash inventory model / Kim P. Huynh, Oleksandr Shcherbakov, André Stenzel.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2025-22
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: August 15, 2025."
  • Includes bibliographical references (pages 31-33).
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2025.
  • ©2025
Author / Contributor
  • Huynh, Kim P., 1974- author.
Description1 online resource (ii, 58 pages) : graphs.
Catalogue number
  • FB3-5/2025-22E-PDF
Subject terms
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