Titlebook: Strong Money Demand in Financing War and Peace; The Cases of Wartime Makoto Saito Book 2021 Springer Nature Singapore Pte Ltd. 2021 Strong

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Introduction: Toward a Monetary and Fiscal Theory of the Price Level,y, strong money demand has appeared twice. It first appeared during World War II and then, more recently, after the mid-1990s. Such strong money demand enabled the Japanese government to finance large-scale military spending in the first occasion, while it has supported massive fiscal operations dev

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子女

On Large-Scale Monetary Operations in the Japanese Occupied Territories During the Pacific War,anced in large-scale monetary operations in the Japanese occupied territories during the Pacific War (from December 1941 to August 1945). The Japanese government financed war expenses locally by two methods. First, the government forced extemporaneously installed reserve banks in north/central China

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VALID

Long-Run Mild Deflation Under Fiscal Unsustainability in Contemporary Japan,supply in goods, labor, and public bond markets. However, the analysis is at most diagnostic without any theoretical rigor or quantitatively precise simulation. In this chapter presents a formal equilibrium model, in which public bond price bubbles are present temporarily or even persistently, but b

strdulate

Central Bank Cryptocurrencies in a Competitive Equilibrium Environment: Can Strong Money Demand Surcurrencies or CBCCs) in a competitive equilibrium environment. In this setup, central banks set not only the money supply, but also the interest rate on CBCCs, whereas bond interest rates, the price level, and the exchange rates between CBCCs are determined in competitive markets. We first resolve a

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2197-8859 monetary theory of price level by examining strong money dem.This book theoretically and empirically investigates the emergence of strong money demand in wartime Japan (1937–1945), its disappearance after the end of the war (1945–1949), and the reemergence of strong money demand in contemporary Japa

中古

Advances in Japanese Business and Economicshttp://image.papertrans.cn/s/image/879794.jpg

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https://doi.org/10.1007/978-981-16-2446-9Strong money demand; Wartime finance; Price controls; Black markets; Quantity theory of money; Fiscal the