货币与流动性

Q3 Social Sciences

Ensayos Sobre Politica Economica Pub Date : 2014-06-01 DOI:10.1016/S0120-4483(14)70026-0

Posada P. Carlos Esteban

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引用次数: 2

摘要

货币和流动性不是同义词。它们具有相互关系，但在某些场合，区分这两个概念是很重要的。本文将对货币需求理论进行简要回顾，以确定这些情况。回顾以凯恩斯的理论结束。凯恩斯对货币理论的贡献是巨大的。尤其引人注目的是，他的论点是，如果债务证券价格的看跌预期普遍存在，那么对货币需求的流动性偏好将占主导地位。这样的预期会“膨胀”(并扭曲)货币需求。

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El dinero y la liquidez

Money and liquidity are not synonymous. They have reciprocal relations but, on several occasions, it is important to distinguish between the two concepts. A brief review of the theories of the demand for money, as is done in this document, serves to identify those circumstances. The review ends with Keynes's theory. Keynes's contribution to monetary theory is significant. Stands out, in particular, his thesis concerning a dominance of the preference for liquidity in the demand for money if bearish expectations are prevailing with respect to the debt securities prices. Such expectations “inflate” (and distort the function of) the demand for money.

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来源期刊

Ensayos Sobre Politica Economica Social Sciences-Political Science and International Relations

CiteScore

1.50

自引率

0.00%

发文量