liquidity preference

基本解釋

The answer is that you need to add “l(fā)iquidity preference”, the supply and demand for money.
答案就是，你要把“流動性偏好”，也就是對現(xiàn)金的需求和供給加入考慮。
So, according to the expectations theory augmented with liquidity preference-- This strongly upward-sloping term structure in 2003 would reflect two things.
所以,根據(jù)結合了流動性偏好的,預期理論,2003年期限結構中表現(xiàn)出的,強烈上揚趨勢反映了兩方面的因素
To correct Keynes's mistake, the paper develops a new model of determination of interest rate on the basis of the liquidity preference analysis centered on finance motive.
為了修正凱恩斯的錯誤，本文在基于融資動機的流動性偏好分析的基礎上建立起一個新的利率決定模型。
down.cenet.org.cn

So, according to the expectations theory augmented with liquidity preference-- This strongly upward-sloping term structure in 2003 would reflect two things.
所以,根據(jù)結合了流動性偏好的,預期理論,2003年期限結構中表現(xiàn)出的,強烈上揚趨勢反映了兩方面的因素
耶魯公開課 - 金融市場課程節(jié)選

And that liquidity preference has shown up significantly lately.
FORBES: Institutional Use of ETFs Keeps Growing
And a consistent global preference for the U.S. dollar over all other currencies gives the country unique external liquidity.
WHITEHOUSE: Press Briefing

the desire to hold money rather than other assets, in Keynsian theory based on motives of transactions, precaution, and speculation