Tobin's Theory of Demand for Money (HINDI)

Описание к видео Tobin's Theory of Demand for Money (HINDI)

Tobin's theory of demand for money is like that of Keynes, the speculative demand for money varies inversely with the interest rate. When the interest rate increases, the investor is eager to put a larger proportion of his portfolio into the risky asset, bonds — and thus a smaller proportion into the safe asset — money.
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