Review of Basic Cash - in - Advance Models

Optimal pricing and ordering policies for perishable products under advance-cash-credit payment scheme

Recently, market globalization and competition have forced companies to find alternative means to boost sales and revenue. The use of the cash flow is increasingly becoming a viable alternative for managers to improve their company’s profitability in a supply chain. In today’s business transactions, a supplier usually asks a manufacturer to pay via the advance-cash-credit (ACC) payment scheme i...

On the Welfare Cost of Inflation in a New Keynesian Model with a Cash-in-advance Constraint: The Case of Iran

T he welfare cost of inflation in a new Keynesian model has been studied in this article. Nominal prices and wages are subjected to Rotenberg's adjustments in the benchmark model. In addition, this study uses the CIA model to compare the welfare cost of seigniorage tax and consumption tax. The model is calibrated for the Iranian economy and the results of the calibration are as follow...

مبانی اقتصاد خرد تقاضای پول در اقتصاد بدون بهره براساس مدل CASH-IN-ADVANCE

Endogenous Monetary Growth Rules and Determinacy in Cash−in−Advance Models

It is well known that a high degree of relative risk aversion induces equilibrium indeterminacy in cash−in−advance economies. I find that by endogenously adjusting the nominal money supply to output fluctuations, these equilibria can be effectively eliminated. This paper was written while I was a DFG Heisenberg Fellow. I would like to thank the Federal Reserve Bank of San Francisco for its hosp...

The investigation of the affectivity of various types of cash flows in a diversified capital structure based on the type of strategy

The intensity of competition in business markets is to the extent that even the slightest strategic mistakes will lead to the failure of the organizations. The lack of knowledge and implementation of appropriate competitive strategies in such markets and, on the other hand, the failure to review the effects of these strategies on the types of cash flows in diverse capital structures is no also ...