Masayuki Otaki

Speculative Bubbles and Monetary Policy

A Theory Based on Japanese Experience

• Gebundenes Buch

Produktbeschreibung

This book works at the intersection of economic theory history. It presents a Keynesian theory with a rigorous dynamic microeconomic foundation that entirely differs from new Keynesian theory and applies it to the Japanese economic history from the 1980s to 2010s.

Produktdetails

• Verlag: Lexington Books
• Seitenzahl: 142
• Erscheinungstermin: 17. Dezember 2018
• Englisch
• Abmessung: 235mm x 157mm x 12mm
• Gewicht: 367g
• ISBN-13: 9781498549141
• ISBN-10: 1498549144
• Artikelnr.: 52423735

Autorenporträt

Masayuki Otaki

Inhaltsangabe

List of Figures
Acknowledgements
Introduction
Part 1. Historical Narrative
Chapter 1. A Concise Economic History of Japan: Prosperity and Crisis
Part 2. Theory
Chapter 2. A Conundrum in Monetary Economics: Does Keynes Abandon the
Second Postulate of the Classical School?
Chapter 3. Origin of Speculative Bubbles and their Aftermath
Chapter 4. Labor Productivity Stagnation, the Radical Quantitative Easing
Monetary Policy, and Disinflation
Chapter 5. An Equilibrium Selection Procedure Based on Ramsey's Probability
Theory
Appendixes
Index
About the Author