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Karátos likviditásmenedzserek. Az arany ékszerek szerepe a háztartások likviditáskezelésében
[Liquidity managers with carats. The role of gold jewellery in the liquidity management of households]

Author

Listed:
  • Havran, Dániel

  • Gosztonyi, Márton

Abstract

A legtöbb gazdaságban találhatók olyan társadalmi rétegek, amelyek számára nagy szerepük van az arany ékszereknek. Az ékszerek a viselésen - a tradíciókon és az esztétikai értéken - túl gyakran töltik be a megtakarítási eszköz szerepét is, mert az ezt preferáló háztartások értékállóbbnak vélik más megtakarítási formáknál (például a bankbetétnél, a készpénznél, az államkötvénynél). A statikus, értékőrző funkción túl sok háztartás számára ezek az eszközök likviditási pufferként is szolgálnak, különösen azok esetében, akik más úton nehezen jutnak átmeneti forráshoz. Tanulmányunk célja, hogy leírja e likviditási pufferek kezelését, és egységes elméleti keretben bemutassa az arany ékszerek mint likviditáskezelési eszközök informális piacát. Fő kérdésünk, hogy amennyiben az ékszer elméleti értéke ismert, hogyan befolyásolja a likviditáskezelési motívum a kereskedés forgalmát és árát. Mindehhez egy olyan modellt készítünk, amelyben a háztartások egymással és közvetítőkkel lépnek kapcsolatba, és megvizsgáljuk, hogy mit jelent az árak és a forgalom alakulásában az, hogy egyes háztartások likviditáskényszerben vannak. Ha az informális piacon a közvetítők jelenléte növekszik, a modell predikciója szerint az arany ékszerekben megtakarító háztartások készpénzkészletei csökkenni fognak.* Journal of Economic Literature (JEL) kód: G51, D14, Z13, D47.

Suggested Citation

  • Havran, Dániel & Gosztonyi, Márton, 2021. "Karátos likviditásmenedzserek. Az arany ékszerek szerepe a háztartások likviditáskezelésében [Liquidity managers with carats. The role of gold jewellery in the liquidity management of households]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1141-1161.
    • Handle: RePEc:ksa:szemle:1999
    DOI: 10.18414/KSZ.2021.11.1141
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design

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