Details
| Title | SPECULATIVE BUBBLES AND MONETARY POLICY: a theory based on japanese experience. |
|---|---|
| Creators | OTAKI MASAYUKI. |
| Collection | Электронные книги зарубежных издательств ; Общая коллекция |
| Subjects | Speculation ; Monetary policy ; Speculation. ; EBSCO eBooks |
| Document type | Other |
| Language | English |
| Rights | Доступ по паролю из сети Интернет (чтение, печать, копирование) |
| Record key | on1083096483 |
| Record create date | 1/21/2019 |
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- Cover
- Speculative Bubblesand Monetary Policy
- Speculative Bubblesand Monetary Policy: A Theory Based on Japanese Experience
- Copyright Page
- Contents
- List of Figures
- Acknowledgments
- Introduction
- About Part I
- About Part II
- References
- Historical Narrative
- Chapter 1
- A Concise Economic History of Japan
- 1.1 Introduction
- 1.2 The 1980s: From Prosperity to Fanaticism
- 1.3 The 1990s as an Overture of the Crisis
- 1.4 Revelation of the Crisis
- 1.5 The Japanese Economy in the 21st Century
- 1.6 Concluding Remarks
- Notes
- Theory
- Chapter 2
- A Conundrum in Monetary Economics
- 2.1 Introduction
- 2.2 Traditional Keynesian Theory as a Menu Cost Theory
- 2.3 Is the Second Postulate Abandoned?
- 2.4 The Separation of Saving and Investment Decisions: Does Investment Function Solve the Conundrum in Monetary Economics?
- 2.5 Intrinsic Value of Money and Theory of Effective Demand
- 2.6 Theory of Effective Demand
- 2.7 Concluding Remarks
- Notes
- Chapter 3
- Origin of Speculative Bubbles and Their Aftermath
- 3.1. Introduction
- 3.2. The Model
- 3.3. Comparative Statics
- 3.4 Concluding Remarks
- Notes
- Chapter 4
- Labor Productivity Stagnation, the Radical Quantitative Easing of Monetary Policy, and Disinflation
- 4.1 Introduction
- 4.2 The Model
- 4.3 Comparative Statics
- 4.4 Concluding Remarks
- Notes
- Chapter 5
- An Equilibrium Selection Procedure Based on Ramsey’s Probability Theory
- 5.1 Introduction
- 5.2 Ramsey’s Theory
- 5.3 Plausibility of Keynesian Economics
- 5.4 Concluding Remarks
- Notes
- Appendix A
- The Weak Law of Large Numbers
- Appendix B
- Gist of the New Keynesian Theory
- Appendix C
- Derivation of Equations (3.4) and (3.5)
- References
- Index
- About the Author
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epub/2003535.epub