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Economies d'échelle dans les encaisses monétaires des ménages : une série de tests empiriques

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  • André Babeau

Abstract

[fre] Economies d'échelle dans les encaisses monétaires des ménages: une série de tests empiriques. . L'hypothèse d'économies d'échelle dans les encaisses monétaires des ménages est ici testée sur un échantillon de comptes chèques bancaires français en 1966. Les économies d'échelle mises en évidence, comparée à celles que laissaient attendre les modèles théoriques (Allais, Baumol), apparaissent comme relativement modestes : il est suggéré que cette modestie est due au fait que les volumes des transactions des comptes étudiés diffèrent plus en raison de la valeur moyenne des opérations effectuées que du nombre de ces opérations. [eng] Economies of scale in the households' cash balances . . Here is tested on a sample of french checking-deposits in 1966 the hypothesis of economies of scale in the households' cash balances. These economies of scale when compared to those expected frorn theoretical models (Allais, Baumol) turn out to be relatively small. It is suggested that this slight result is due to the fact that the volumes of the tansactions of the studied accounts differ more because of the average value ol the effective operations than because of the number of these operations.

Suggested Citation

  • André Babeau, 1973. "Economies d'échelle dans les encaisses monétaires des ménages : une série de tests empiriques," Revue Économique, Programme National Persée, vol. 24(3), pages 401-441.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1973_num_24_3_408091
    DOI: 10.3406/reco.1973.408091
    Note: DOI:10.3406/reco.1973.408091
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    References listed on IDEAS

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    1. Allan H. Meltzer, 1963. "The Demand for Money: The Evidence from the Time Series," Journal of Political Economy, University of Chicago Press, vol. 71(3), pages 219-219.
    2. William J. Baumol, 1952. "The Transactions Demand for Cash: An Inventory Theoretic Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 66(4), pages 545-556.
    3. Karl Brunner & Allan H. Meltzer, 1963. "Predicting Velocity: Implications For Theory And Policy," Journal of Finance, American Finance Association, vol. 18(2), pages 319-354, May.
    4. Edward L. Whalen, 1966. "A Rationalization of the Precautionary Demand for Cash," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 314-324.
    5. Allan H. Meltzer, 1963. "The Demand for Money: A Cross-Section Study of Business Firms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 77(3), pages 405-422.
    6. Tsiang, S C, 1969. "The Precautionary Demand for Money: An Inventory Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 77(1), pages 99-117, Jan./Feb..
    7. Karl Brunner & Allan H. Meltzer, 1964. "Some Further Investigations Of Demand And Supply Functions For Money," Journal of Finance, American Finance Association, vol. 19(2), pages 240-283, May.
    8. Karl Brunner & Allan H. Meltzer, 1967. "Economies of Scale in Cash Balances Reconsidered," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 81(3), pages 422-436.
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