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

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.

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Year of publication:	1981
Authors:	Broadbent, John ; Clements, Kenneth W. ; Johnson, Lester W.
Published in:	Australian Journal of Management. - Australian School of Business. - Vol. 6.1981, 2, p. 1-6
Publisher:	Australian School of Business
Subject:	DEMAND ELASTICITY \| LOGISTIC MODEL \| NEW FINANCIAL ASSET \| SATURATION LEVEL

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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