Liquidity preference
In macroeconomic theory, liquidity preference refers to the demand for money, considered as liquidity. The concept was first developed by John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936) to explain determination of the interest rate by the supply and demand for money. The demand for money as an asset was theorized to depend on the interest foregone by not holding bonds (here, the term "bonds" can be understood to also represent stocks and other less liquid assets in general, as well as government bonds). Interest rates, he argues, cannot be a reward for saving as such because, if a person hoards his savings in cash, keeping it under his mattress say, he will receive no interest, although he has nevertheless refrained from consuming all his current
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Liquidity preference
In macroeconomic theory, liquidity preference refers to the demand for money, considered as liquidity. The concept was first developed by John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936) to explain determination of the interest rate by the supply and demand for money. The demand for money as an asset was theorized to depend on the interest foregone by not holding bonds (here, the term "bonds" can be understood to also represent stocks and other less liquid assets in general, as well as government bonds). Interest rates, he argues, cannot be a reward for saving as such because, if a person hoards his savings in cash, keeping it under his mattress say, he will receive no interest, although he has nevertheless refrained from consuming all his current
has abstract
Die Liquiditätsprämie ist ein ...... gungsvorteil übersetzt werden.
@de
In macroeconomia, viene defini ...... neta e sul tasso di interesse.
@it
In macroeconomic theory, liqui ...... mpleo, el Interés y el Dinero,
@es
In macroeconomic theory, liqui ...... ey supplied (see IS/LM model).
@en
La théorie de la préférence po ...... té pour investir à long terme.
@fr
Liquiditeitsvoorkeur (ook liqu ...... delijk afzien van liquiditeit.
@nl
Предпочтение ликвидности (liqu ...... зателю окупаемости инвестиций.
@ru
流動性選好説（りゅうどうせいせんこうせつ、英: Liquid ...... よって、主著『雇用・利子および貨幣の一般理論』で提唱された。
@ja
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comment
Die Liquiditätsprämie ist ein ...... gungsvorteil übersetzt werden.
@de
In macroeconomia, viene defini ...... neta e sul tasso di interesse.
@it
In macroeconomic theory, liqui ...... mpleo, el Interés y el Dinero,
@es
In macroeconomic theory, liqui ...... from consuming all his current
@en
La théorie de la préférence po ...... donné, à la demande de prêts.
@fr
Liquiditeitsvoorkeur (ook liqu ...... wel hij niettemin heeft afgezi
@nl
Предпочтение ликвидности (liqu ...... от ценных бумаг, равен нулю. П
@ru
流動性選好説（りゅうどうせいせんこうせつ、英: Liquid ...... よって、主著『雇用・利子および貨幣の一般理論』で提唱された。
@ja
label
Liquiditeitsvoorkeur
@nl
Liquidity preference
@en
Liquiditätsprämie
@de
Preferencia por la liquidez
@es
Preferenza per la liquidità
@it
Théorie de la préférence pour la liquidité
@fr
Предпочтение ликвидности
@ru
流動性選好説
@ja