IDEAS home Printed from https://ideas.repec.org/a/sae/ausman/v6y1981i2p1-6.html
   My bibliography  Save this article

Growth in Holdings of A New Financial Asset: A Logistic Analysis

Author

Listed:
  • John Broadbent
  • Kenneth W. Clements
  • Lester W. Johnson

    (Reserve Bank of Australia, The University of Western Australia and Macquarie University respectively. We would like to acknowledge the helpful comments of Christopher Adam and an anonymous referee of this journal. The views expressed herein are not necessarily those of the Reserve Bank of Australia.)

Abstract

This paper introduces the logistic model for the analysis of holdings of a new financial asset. The evolution of holdings of saving investment accounts in Australia is shown to follow extremely closely Oliver's (1969) generalized logistic process and that these holdings are reaching a saturation level. It is further shown that this saturation level is a function of the asset's relative rate of return.

Suggested Citation

  • John Broadbent & Kenneth W. Clements & Lester W. Johnson, 1981. "Growth in Holdings of A New Financial Asset: A Logistic Analysis," Australian Journal of Management, Australian School of Business, vol. 6(2), pages 1-6, December.
    • Handle: RePEc:sae:ausman:v:6:y:1981:i:2:p:1-6
    DOI: 10.1177/031289628100600201
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/031289628100600201
    Download Restriction: no
    File URL: https://libkey.io/10.1177/031289628100600201?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. K.W. Clements & J.C. Taylor, 1982. "The Pattern of Financial Asset Holdings in Australia," Economics Discussion / Working Papers 82-20, The University of Western Australia, Department of Economics.
    2. Jocelyn Horne & Vance Martin & Shane Bonetti, 1986. "Asset Substitution and Aggregate Liquidity in Australia: 1969–1983," The Economic Record, The Economic Society of Australia, vol. 62(1), pages 22-36, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ausman:v:6:y:1981:i:2:p:1-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.agsm.edu.au .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.