Keynesian Economics and Price Theory Re-orientation of a Theory of Monetary Economy /

• Κύριος συγγραφέας: Otaki, Masayuki (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Tokyo : Springer Japan : Imprint: Springer, 2015.
• Σειρά: Advances in Japanese Business and Economics, 7
• Θέματα: Economic theory.; Macroeconomics.; Economic growth.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Economic Growth.

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 findi...

Πίνακας περιεχομένων:

• Chapter 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?.