000725527 000__ 04179cam\a2200457Ii\4500
000725527 001__ 725527
000725527 005__ 20230306140643.0
000725527 006__ m\\\\\o\\d\\\\\\\\
000725527 007__ cr\cn\nnnunnun
000725527 008__ 150206s2015\\\\ja\a\\\\ob\\\\001\0\eng\d
000725527 020__ $$a9784431553458$$qelectronic book
000725527 020__ $$a4431553452$$qelectronic book
000725527 020__ $$z9784431553441
000725527 0247_ $$a10.1007/978-4-431-55345-8$$2doi
000725527 035__ $$aSP(OCoLC)ocn902846593
000725527 035__ $$aSP(OCoLC)902846593
000725527 040__ $$aN$T$$beng$$erda$$epn$$cN$T$$dGW5XE$$dN$T$$dDKU$$dIDEBK$$dCOO$$dOCLCF$$dE7B$$dEBLCP$$dCHVBK
000725527 049__ $$aISEA
000725527 050_4 $$aHB99.7
000725527 08204 $$a330.15/6$$223
000725527 1001_ $$aŌtaki, Masayuki,$$d1957-$$eauthor.
000725527 24510 $$aKeynesian economics and price theory$$h[electronic resource] :$$bre-orientation of a theory of monetary economy /$$cMasayuki Otaki.
000725527 264_1 $$aTokyo :$$bSpringer,$$c2015.
000725527 300__ $$a1 online resource (xv, 207 pages) :$$billustrations.
000725527 336__ $$atext$$btxt$$2rdacontent
000725527 337__ $$acomputer$$bc$$2rdamedia
000725527 338__ $$aonline resource$$bcr$$2rdacarrier
000725527 4901_ $$aAdvances in Japanese Business and Economics,$$x2197-8859 ;$$v7
000725527 504__ $$aIncludes bibliographical references and index.
000725527 5050_ $$aChapter 1 Introduction -- Part 1 Keynesian Economics and Price Theory -- Chapter 2 Price Theory in a Monetary Economy -- Part 2 Applications to Labor Economics and Inflation Theory -- Chapter 3 The Existence of an Involuntary Unemployment Equilibrium -- Chapter 4 The Phillips Curve and Inflation Theory Reconsidered -- Part 3 Applications to International Economics -- Chapter 5 A Basic Model of a Flexible Exchange Rate System under Perfect Capital Mobility -- Chapter 6 The Functions of a Key Currency: International Liquidity Provision and Insurance -- Chapter 7 On the Necessity of Optimum Currency Areas: The Case for Perfect Capital Mobility and Immobile Labor Forces -- Chapter 8 Universal Discipline or Individual Discipline: On the Viability of the Eurozone as a Nonadjustable Local Fixed Exchange Rate Regime -- Chapter 9 Industrial Hollowing Under a Flexible Exchange Rate System -- Chapter 10 On the Function of Gold Standard in Idealism and Reality -- Part 4 Applications to Economic Growth Theory -- Chapter 11 Dexterity as a Source of Economic Growth -- Chapter 12 Monetary Economic Growth Theory under Perfect Competition: Can Monetary Expansion Really Enhance Economic Growth? -- Chapter 13 A Keynesian Monetary Growth Model under Monopolistic Competition: Is Economic Growth Sustainable without Government Help? -- Part 5 Critiques of the Existing Monetary Theories -- Chapter 14 A Critique of Lucas' Theory -- Chapter 15 Does the Search Model Succeed in Describing a Monetary Economy?.
000725527 506__ $$aAccess limited to authorized users.
000725527 520__ $$aThis book reconstructs Keynesian macroeconomics so that it is compatible with the neoclassical dynamic microeconomic theory. This theory adopts three postulates: rational expectations, perfect price flexibility, and exclusion of the money in utility function (MIU). Based on the new theoretical finding that the Lucas model (1972) contains multiple equilibria, the author unifies Keynesian and monetarist theories within the same framework. The book applies the above basic theory to international macroeconomics and economic growth theory. New Keynesian theory contains logical inconsistencies: menu costs that have no close relationship with microeconomics and MIU, which implies that the money accumulated as wealth is never spent. These two assumptions do not proximate the real world. In this volume, the author discusses how various segregated theoretical approaches in macroeconomics relate to one another and proposes how to integrate them.
000725527 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed February 11, 2015).
000725527 650_0 $$aKeynesian economics.
000725527 650_0 $$aPrices.
000725527 77608 $$iPrint version:$$z9784431553441
000725527 830_0 $$aAdvances in Japanese business and economics ;$$v7.
000725527 852__ $$bebk
000725527 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-4-431-55345-8$$zOnline Access$$91397441.1
000725527 909CO $$ooai:library.usi.edu:725527$$pGLOBAL_SET
000725527 980__ $$aEBOOK
000725527 980__ $$aBIB
000725527 982__ $$aEbook
000725527 983__ $$aOnline
000725527 994__ $$a92$$bISE