precautionary motive

The VAR model illustrates that the expectation of expenditure is only second to disposable income on consumption, but is superior to the precautionary motive.

VaR（风险值）模型分析说明，支出增长预期对未来消费变化的影响仅次于可支配收入因素，但要强于预防性动机对消费的影响。

That is Keynes ( 1936) described as the transaction cost motive, the precautionary motive for holding cash.

这就是Keynes（1936）提出的‘交易性动机’和‘预防性动机’。

They concluded the existence of precautionary motive in cash holding.

他们认为，这反映了美国企业预防性现金持有动机的存在。

This thesis examines both individual and aggregate saving behavior of Chinese farm households during the transition from central planning to a market economy, especially precautionary motive for saving.

本文从微观和宏观两个层面研究了从计划经济到市场经济转型期间中国农户的储蓄行为，尤其是预防性储蓄行为。

Our graphical statistics reveals that a behavioural mechanism under the precautionary motive exists in China's farm household preferences.

运用统计图解方法研究，发现中国农户家庭偏好中存在防卫性机制。

On basis of above analysis, I apply the consumption model under uncertainty with the use of Chinese data, to reveal that Chinese urban residents have strong precautionary motive empirically.

在此基础上，应用不确定性下的消费模型，利用我国的数据，得出的实证结果表明我国城镇居民储蓄性动机很强。

Demand for cash is driven first by a sharp rise in uncertainty – Keynes's precautionary motive.

市场对于现金的需求，首先是受到不确定性大幅上升的驱使&即凯恩斯（Keynes）理论中的预防动机。

That is Keynes ( 1936 ) described as the transaction cost motive, the precautionary motive for holding cash.

这就是Keynes ( 1936 ) 提出的‘交易性动机’和‘预防性动机’.