Liquidity Preference Under Uncertainty
liquidity preferenceeconomic uncertaintyfinancial risk managementkeynesian theoryasset demand under uncertainty
Delve into the complex relationship between liquidity preference and periods of economic uncertainty. This analysis examines how unpredictable future events, market volatility, and risk aversion influence an individual's or institution's desire to hold liquid assets over less liquid investments, impacting monetary policy and financial stability according to Keynesian economic theory.