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Titlebook: Keynesian Economics and Price Theory; Re-orientation of a Masayuki Otaki Book 2015 Springer Japan 2015 Advanced Keynesian Economics.Critiq

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发表于 2025-3-21 17:56:57 | 显示全部楼层 |阅读模式
书目名称Keynesian Economics and Price Theory
副标题Re-orientation of a
编辑Masayuki Otaki
视频videohttp://file.papertrans.cn/543/542640/542640.mp4
概述Effective demand and involuntary unemployment theory, compatible with neoclassical dynamic microeconomics, excluding ad-hoc price stickiness and money in utility assumptions.Rigorous dynamic microecon
丛书名称Advances in Japanese Business and Economics
图书封面Titlebook: Keynesian Economics and Price Theory; Re-orientation of a  Masayuki Otaki Book 2015 Springer Japan 2015 Advanced Keynesian Economics.Critiq
描述.This 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..
出版日期Book 2015
关键词Advanced Keynesian Economics; Critique on Monetarism; Critique on New Keynesian Economics; Internationa
版次1
doihttps://doi.org/10.1007/978-4-431-55345-8
isbn_softcover978-4-431-56391-4
isbn_ebook978-4-431-55345-8Series ISSN 2197-8859 Series E-ISSN 2197-8867
issn_series 2197-8859
copyrightSpringer Japan 2015
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