00996cam0-2200313---450-99000403703040332120151130130450.03 7001 0678 5000403703FED01000403703(Aleph)000403703FED0100040370319990604d1964----km-y0itay50------bagerDE--------001yyDiutisk-deutschneue Überlegungen zur Entstehung der SprachbezeichnungIngrid StrasserWienVerlag der Osterreichischen Akademie der Wissenschaften196454 p.24 cmSitzungsberichteÖsterreichische Akademie der Wissenschaften, Philosophisch-historische Klasse444Lingua tedescaEtimologia43222itaStrasser,Ingrid154058ITUNINARICAUNIMARCBK990004037030403321432 STR 1Dip.f.m.1588FLFBCFLFBCUNINA04918nam 22006615 450 991029847200332120200919100458.04-431-55345-210.1007/978-4-431-55345-8(CKB)3710000000355450(EBL)1967313(SSID)ssj0001451890(PQKBManifestationID)11896623(PQKBTitleCode)TC0001451890(PQKBWorkID)11498439(PQKB)10646159(DE-He213)978-4-431-55345-8(MiAaPQ)EBC1967313(PPN)184496608(EXLCZ)99371000000035545020150204d2015 u| 0engur|n|---|||||txtccrKeynesian Economics and Price Theory Re-orientation of a Theory of Monetary Economy /by Masayuki Otaki1st ed. 2015.Tokyo :Springer Japan :Imprint: Springer,2015.1 online resource (209 p.)Advances in Japanese Business and Economics,2197-8859 ;7Description based upon print version of record.4-431-55344-4 Includes bibliographical references at the end of each chapters and index.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?.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 finding that the Lucas model (1972) contains multiple equilibria, the author unifies Keynesian and monetarist theories within the same framework. The book applies the above basic theory to international macroeconomics and economic growth theory. New Keynesian theory contains logical inconsistencies: menu costs that have no close relationship with microeconomics and MIU, which implies that the money accumulated as wealth is never spent. These two assumptions do not proximate the real world. In this volume, the author discusses how various segregated theoretical approaches in macroeconomics relate to one another and proposes how to integrate them.Advances in Japanese Business and Economics,2197-8859 ;7MacroeconomicsEconomicsEconomic developmentMacroeconomics/Monetary Economics//Financial Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W32000Economic Theory/Quantitative Economics/Mathematical Methodshttps://scigraph.springernature.com/ontologies/product-market-codes/W29000Economic Growthhttps://scigraph.springernature.com/ontologies/product-market-codes/W44000Macroeconomics.Economics.Economic development.Macroeconomics/Monetary Economics//Financial Economics.Economic Theory/Quantitative Economics/Mathematical Methods.Economic Growth.330.156Otaki Masayukiauthttp://id.loc.gov/vocabulary/relators/aut972616MiAaPQMiAaPQMiAaPQBOOK9910298472003321Keynesian Economics and Price Theory2540351UNINA