語系:
繁體中文
English
說明(常見問題)
登入
回首頁
切換:
標籤
|
MARC模式
|
ISBD
Keynes’s General Theory Reconsidere...
~
Otaki, Masayuki.
Keynes’s General Theory Reconsidered in the Context of the Japanese Economy
紀錄類型:
書目-語言資料,印刷品 : Monograph/item
正題名/作者:
Keynes’s General Theory Reconsidered in the Context of the Japanese Economy/ by Masayuki Otaki.
作者:
Otaki, Masayuki.
面頁冊數:
XI, 98 p. 20 illus., 1 illus. in color.online resource. :
Contained By:
Springer Nature eBook
標題:
Macroeconomics. -
電子資源:
https://doi.org/10.1007/978-4-431-55915-3
ISBN:
9784431559153
Keynes’s General Theory Reconsidered in the Context of the Japanese Economy
Otaki, Masayuki.
Keynes’s General Theory Reconsidered in the Context of the Japanese Economy
[electronic resource] /by Masayuki Otaki. - 1st ed. 2016. - XI, 98 p. 20 illus., 1 illus. in color.online resource. - Development Bank of Japan Research Series,2367-0967. - Development Bank of Japan Research Series,.
Part I Reconsideration of The General Theory -- 1 Analyzing the Structure of The General Theory -- 2 Analyzing Book I of The General Theory -- 3 Analyzing Book II of The General Theory -- 4 Analyzing Book III of The General Theory -- 5 Analyzing Book IV of The General Theory -- 6 Analyzing Book V of The General Theory -- 7 Analyzing Book VI of The General Theory -- 8 Concluding Remarks of Part I -- Part II Developing a New Collective Intelligence from The General Theory -- 9 Developing a New Collective Intelligence from The General Theory -- 10 Concluding Remarks of Part II.
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 price level sooner or later rises in proportion to the quantity of money. Owing much to Keynes, the author’s approach considers that the price level is mainly governed by its marginal prime cost which is equal to the nominal wage as a first approximation. As such, the drastically sagging wages during the past 10 years provoke serious disinflation/deflation. It should be noted that this discussion never depends on the quantity of money.
ISBN: 9784431559153
Standard No.: 10.1007/978-4-431-55915-3doiSubjects--Topical Terms:
554837
Macroeconomics.
LC Class. No.: HB172.5
Dewey Class. No.: 339
Keynes’s General Theory Reconsidered in the Context of the Japanese Economy
LDR
:03626nam a22004095i 4500
001
981163
003
DE-He213
005
20200705024310.0
007
cr nn 008mamaa
008
201211s2016 ja | s |||| 0|eng d
020
$a
9784431559153
$9
978-4-431-55915-3
024
7
$a
10.1007/978-4-431-55915-3
$2
doi
035
$a
978-4-431-55915-3
050
4
$a
HB172.5
072
7
$a
KCB
$2
bicssc
072
7
$a
BUS039000
$2
bisacsh
072
7
$a
KCB
$2
thema
072
7
$a
KCBM
$2
thema
082
0 4
$a
339
$2
23
100
1
$a
Otaki, Masayuki.
$4
aut
$4
http://id.loc.gov/vocabulary/relators/aut
$3
1066260
245
1 0
$a
Keynes’s General Theory Reconsidered in the Context of the Japanese Economy
$h
[electronic resource] /
$c
by Masayuki Otaki.
250
$a
1st ed. 2016.
264
1
$a
Tokyo :
$b
Springer Japan :
$b
Imprint: Springer,
$c
2016.
300
$a
XI, 98 p. 20 illus., 1 illus. in color.
$b
online resource.
336
$a
text
$b
txt
$2
rdacontent
337
$a
computer
$b
c
$2
rdamedia
338
$a
online resource
$b
cr
$2
rdacarrier
347
$a
text file
$b
PDF
$2
rda
490
1
$a
Development Bank of Japan Research Series,
$x
2367-0967
505
0
$a
Part I Reconsideration of The General Theory -- 1 Analyzing the Structure of The General Theory -- 2 Analyzing Book I of The General Theory -- 3 Analyzing Book II of The General Theory -- 4 Analyzing Book III of The General Theory -- 5 Analyzing Book IV of The General Theory -- 6 Analyzing Book V of The General Theory -- 7 Analyzing Book VI of The General Theory -- 8 Concluding Remarks of Part I -- Part II Developing a New Collective Intelligence from The General Theory -- 9 Developing a New Collective Intelligence from The General Theory -- 10 Concluding Remarks of Part II.
520
$a
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 price level sooner or later rises in proportion to the quantity of money. Owing much to Keynes, the author’s approach considers that the price level is mainly governed by its marginal prime cost which is equal to the nominal wage as a first approximation. As such, the drastically sagging wages during the past 10 years provoke serious disinflation/deflation. It should be noted that this discussion never depends on the quantity of money.
650
0
$a
Macroeconomics.
$3
554837
650
0
$a
Economic theory.
$3
809881
650
1 4
$a
Macroeconomics/Monetary Economics//Financial Economics.
$3
1069052
650
2 4
$a
Economic Theory/Quantitative Economics/Mathematical Methods.
$3
1069071
710
2
$a
SpringerLink (Online service)
$3
593884
773
0
$t
Springer Nature eBook
776
0 8
$i
Printed edition:
$z
9784431559139
776
0 8
$i
Printed edition:
$z
9784431559146
830
0
$a
Development Bank of Japan Research Series,
$x
2367-0967
$3
1269421
856
4 0
$u
https://doi.org/10.1007/978-4-431-55915-3
912
$a
ZDB-2-ECF
912
$a
ZDB-2-SXEF
950
$a
Economics and Finance (SpringerNature-41170)
950
$a
Economics and Finance (R0) (SpringerNature-43720)
筆 0 讀者評論
多媒體
評論
新增評論
分享你的心得
Export
取書館別
處理中
...
變更密碼[密碼必須為2種組合(英文和數字)及長度為10碼以上]
登入