Concepedia

Tobin Portfolio Model

The Tobin Portfolio Model is a theoretical framework in monetary economics that explains the demand for money as a component of asset allocation, distinguishing itself from other portfolio theories by formalizing the trade-off between the expected return and risk of holding money versus interest-bearing bonds under uncertainty.

85

Publications

7.5K

Citations

132

Authors

91

Institutions

Publications per year

2017–2026

10

Variants

Tobin's Portfolio Selection ModelTobin's Portfolio Theory

Parents

Publications

85

Tobin's Marginal q and Average q: A Neoclassical Interpretation

Fumio Hayashi · Econometrica · 1982 · 2.8K citations

, , +7

Intangible resources, Tobin’s q, and sustainability of performance differences

Belén Villalonga · Journal of Economic Behavior & Organization · 2004 · 511 citations

, , +15

Investment and Tobin's Q

Richard Blundell, Stephen Bond, Michael Devereux et al. · Journal of Econometrics · 1992 · 478 citations

, , +10

On the Class of Elliptical Distributions and their Applications to the Theory of Portfolio Choice

Joel Owen, Ramon Rabinovitch · The Journal of Finance · 1983 · 366 citations

, , +17

Tobin's q and the Structure-Performance Relationship

Michael Smirlock, Thomas W. Gilligan, William Marshall · American Economic Review · 1984 · 327 citations

, , +10

1–5 of 85

Authors

132

  1. JT
    James Tobin

    Lawrence Livermore National Laboratory, United States

    4 publications · 91 citations

    4

    h-index

  2. MJ
    Michael J. Brennan

    University of California, Los Angeles, United States

    3 publications · 209 citations

    3

    h-index

  3. YX
    Yihong Xia

    University of California, Los Angeles, United States

    3 publications · 209 citations

    3

    h-index

  4. WS
    Willi Semmler

    New School, United States

    2 publications · 31 citations

    2

    h-index

  5. TW
    Thomas W. Gilligan

    University of Southern California, United States

    2 publications · 376 citations

    2

    h-index

1–5 of 132

Institutions

91

  1. New School

    New York, United States

    2 h-index

    3 publications

    50 citations

  2. Levy Economics Institute of Bard College

    New York, United States

    2 h-index

    4 publications

    296 citations

  3. University of Chicago

    Chicago, United States

    2 h-index

    2 publications

    139 citations

  4. Chinese Culture University

    Taipei, Taiwan

    2 h-index

    4 publications

    101 citations

  5. University of Manchester

    Manchester, United Kingdom

    2 h-index

    2 publications

    258 citations

  6. Bielefeld University

    Bielefeld, Germany

    2 h-index

    2 publications

    31 citations

  7. University of California, Los Angeles

    Los Angeles, United States

    2 h-index

    3 publications

    237 citations

  8. National Bureau of Economic Research

    Cambridge, United States

    2 h-index

    2 publications

    126 citations

1–8 of 91

Venues

  1. The Journal of Finance

    6 publications · 534 citations

    6

    h-index

  2. The Quarterly Journal of Economics

    QJE · 5 publications · 173 citations

    5

    h-index

  3. American Economic Review

    5 publications · 440 citations

    5

    h-index

  4. The Review of Economics and Statistics

    3 publications · 81 citations

    3

    h-index

  5. Journal of Post Keynesian Economics

    3 publications · 223 citations

    3

    h-index

1–5