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Titlebook: Keynes’sGeneral Theory Reconsidered in the Context of the Japanese Economy; Masayuki Otaki Book 2016 Development Bank of Japan 2016 Decent

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书目名称Keynes’sGeneral Theory Reconsidered in the Context of the Japanese Economy
编辑Masayuki Otaki
视频video
概述Builds a dynamic and analytical microeconomic foundation of The General Theory of Employment, Interest and Money.Develops the concept of liquidity in relation to speculative bubbles and provides a rig
丛书名称SpringerBriefs in Economics
图书封面Titlebook: Keynes’sGeneral Theory Reconsidered in the Context of the Japanese Economy;  Masayuki Otaki Book 2016 Development Bank of Japan 2016 Decent
描述.This book reconsiders Keynes’s .The General Theory of Employment, Interest and Money. and establishes a new interpretation. In contrast to the existing models, this book finds that the stickiness in the nominal wage is not crucial for his theory. Moreover, the author has also succeeds in capturing the concept of liquidity in a rigorous mathematical model. In conjunction with the development of the concept of liquidity, the separation of the decision between savings and capital investment, which plays a key role in the principle of effective demand and denies Say’s law, is exactly and originally formulated...The theory thus developed is applicable to elucidating some serious political economic causes that entrap the long-stagnated Japanese economy. For example, an analytical explanation is provided about why disinflation/deflation incessantly progresses despite the exorbitant expansionary monetary policy (.ijigen kin-yuu seisaku.) by the Bank of Japan. This phenomenon is an unsolvable question from the quantity-theoretic approaches (e.g., monetarism and new Keynesianism) which, although they differ in assumptions concerning the length of adjustment periods, commonly assume that the
出版日期Book 2016
关键词Decentralization between investment and saving; Effective demand; Involuntary unemployment under the f
版次1
doihttps://doi.org/10.1007/978-4-431-55915-3
isbn_softcover978-4-431-55913-9
isbn_ebook978-4-431-55915-3Series ISSN 2191-5504 Series E-ISSN 2191-5512
issn_series 2191-5504
copyrightDevelopment Bank of Japan 2016
The information of publication is updating

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Masayuki Otakiss and depression. New York: Basic Books, 1980; Attachment and loss: Vol. 1. Attachment (2nd ed.). New York: Basic Books, 1982) is one of the most fruitful contemporary frameworks for understanding emotion regulation and mental health. Adult attachment research has provided strong evidence for the a
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Masayuki Otakis is an era of increasing tension, both global and local. And not surprisingly, PTSD is recognized not only in combat veterans and active military personnel, but also disaster and assault survivors across the demographic spectrum. As current events from mass shootings to the debate over trigger warn
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Masayuki Otakiof the postal sector is designed to encourage competition and to guarantee appropriate and adequate services throughout the country. It marks a paradigm shift since now competition is the rule and monopoly is the exception. The conveyance of letter post items up to 1000 grams is subject to a licensi
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Masayuki Otakifter the 1998 reform, which transformed it from a public enterprise into a corporate entity with shares fully owned by the Treasury, put in place dramatic business reorganization. In 1999, the new company reduced its losses to 663 Million Euros, compared to 1,3 Billion Euro losses. in 1998. However,
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