Liquidity Preference
Liquidity Preference is a monetary-economics concept denoting the demand of economic agents to hold wealth in money or other highly liquid assets, rather than in interest-bearing or illiquid assets, as a function of the interest rate and arising from transaction, precautionary, and speculative motives.
141
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21.3K
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186
Authors
129
Institutions
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2017–2026
14
141
Golden Eggs and Hyperbolic Discounting
David Laibson · The Quarterly Journal of Economics · 1997 · 6.2K citations · Full text
Liquidity Preference as Behavior Towards Risk
James Tobin · The Review of Economic Studies · 1958 · 3.9K citations
Franklin Allen, Douglas Gale · Journal of Political Economy · 2000 · 3.1K citations
Liquidity Preference and the Theory of Interest and Money
Franco Modigliani · Econometrica · 1944 · 846 citations
Social Sciences, Economics, Finance +12
Arvind Krishnamurthy · Journal of Financial Economics · 2002 · 484 citations
1–5 of 141
186
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Universidade Federal do Rio de Janeiro, Brazil
3 publications · 79 citations
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129
University of Illinois Urbana-Champaign
Urbana, United States
4 h-index
4 publications
78 citations
University of North Carolina at Chapel Hill
Chapel Hill, United States
3 h-index
3 publications
135 citations
University of Chicago
Chicago, United States
3 h-index
4 publications
125 citations
University of Cambridge
Cambridge, United Kingdom
3 h-index
3 publications
107 citations
Federal Reserve Board of Governors
Washington D.C., United States
3 h-index
3 publications
142 citations
Federal Reserve
Washington D.C., United States
3 h-index
3 publications
142 citations

Federal Reserve Bank of Atlanta
Georgiana, United States
2 h-index
3 publications
497 citations
Research Network (United States)
Kennesaw, United States
2 h-index
2 publications
56 citations
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Repository · 15 publications · 560 citations
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8 publications · 287 citations
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8 publications · 634 citations
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8 publications · 447 citations
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Repository · 7 publications · 372 citations
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