A transactions theory of trade credit use

Quarterly Journal of Economics

Volumn 96, Issue 2, 1981, Pages 243-270

  Stephen Ferris, J ^a  

^a CARLETON UNIVERSITY   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84959760045     PISSN: 00335533     EISSN: 15314650     Source Type: Journal    
DOI: 10.2307/1882390     Document Type: Article

References (18)

1. Brechling, F. P. R., and R. G. Lipsey, "Trade Credit and Monetary Policy," Economic Journal, LXXIII (Dec. 1963), 618-41.
2. Clower, R. W., and P. W. Howitt, "The Transactions Theory of the Demand for Money: A Reconsideration," Journal of Political Economy, LXXXVI (June 1978), 449-66.
3. Feller, W., An Introduction to Probability Theory and Its Applications, Vol. I. 3rd ed. (New York: Wiley, 1968).
4. Friedland, S. The Economics of Corporate Finance (Englewood Cliffs. NJ: Prentice-Half, 1966).
5. Herbst, A. F., "Some Empirical Evidence on the Determinants of Trade Credit at the Industry Level,"Journal of Financial and Quantitative Analysis, IX (June 1974), 377-94.
6. Klein, B., R. G. Crawford, and A. A. Alchian, "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," Journal of Law and Economics, XXI (Oct. 1978), 297-326.
7. Kmenta, J., Elements of Econometrics (New York: Macmillan, 1971).
8. Laumas, G. S. "Trade Credit and the Demand for Money by the Business Sector: Comment," Southern Economic Journal, XLII (Oct. 1975), 320-21.
9. Meltzer, A. H., "Mercantile Credit. Monetary Policy. and Size of Firms." Review of Economics and Statistics, XLII (Nov. 1960). 429-36.
10. Miller, M. H., and D. Orr, "A Model of the Demand for Money by Firms," this Journal, LXXX (Aug. 1966). 413-35.
11. Nadiri, M. I., "The Determinants of Trade Credit in the U. S. Total Manufacturing Sector," Econometrica, XXXVII (July 1969), 408-23.
12. Schwartz, R. A., "An Economic Model of Trade Credit." Journal of Financial and Quantitative Analysis, IX (Sept. 1974), 643-57.
13. Schwartz, R. A., and D. K. Whitcomb. "Implicit Transfers in the Extension of Trade Credit," in K. E. Boulding, and T. F. Wilson, eds. Redistribution Throuch the Financial System: The Grants Economics of Money and Credit New York: Praeger, 1978), pp. 191-208.
14. Schwartz, R. A., and D. K. Whitcomb, "The Trade Credit Decision," in J. L. Bicksler, ed., Handbook of Financial Economics (Amsterdam: North-Holland. 1979). pp. 257-73.
15. Seiden, M. H., The Quality of Trade Credit, Occasional Paper 87 (Washington: National Bureau of Economic Research, 1964).
16. Whalen, E. L., "A Rationalization of the Precautionary Demand for Cash." This Journal. LXXX (May 1966), 314-24.
17. Williamson, O. E., "Transaction-Cost Economics: The Governance of Contractual Relations." Journal of Law and Economics, XXII (Oct. 1979), 233-61.
18. Zahn, F., and W. R. Hosek, "The Impact of Trade Credit on the Velocity of Money and the Market Rate of Interest," Southern Economic Journal, XL Oct. 1973, 203-09.