Why do U.S. firms hold so much more cash than they used to?
By: Thomas W. Bates, Kathleen M. Kahle, Rene M. Stulz.
Contributors: Kahle, Kathleen M., 1966-; Stulz, René M.; National Bureau of Economic Research.
Series: NBER working paper series -- no. 12534.; Working paper series (National Bureau of Economic Research) -- working paper no. 12534.
Publisher: National Bureau of Economic Research
Published: 2006
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 32
Subjects: Business enterprises -- United States -- Finance; Cash management -- Mathematical models
Notes: "September 2006"

Includes bibliographical references (p. 23-24).

Also available in PDF from the NBER world wide web site (www.nber.org).