LEADER 01134nam0 22002771i 450 001 UON00453458 005 20231205105053.454 100 $a20150427d1917 |0itac50 ba 101 $aeng 102 $aGB 105 $a|||| 1|||| 200 1 $aRussian poets and poems$e"Classics" and "moderns" with an introduction on russian versification. Vol. 1. "Classics"/ by N. Jarintzov ; with a preface by Jane Harrison 210 $aOxford [England]$cB.H. 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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. 410 0$aAdvances in Japanese Business and Economics,$x2197-8859 ;$v7 606 $aMacroeconomics 606 $aEconomics 606 $aEconomic development 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aEconomic Theory/Quantitative Economics/Mathematical Methods$3https://scigraph.springernature.com/ontologies/product-market-codes/W29000 606 $aEconomic Growth$3https://scigraph.springernature.com/ontologies/product-market-codes/W44000 615 0$aMacroeconomics. 615 0$aEconomics. 615 0$aEconomic development. 615 14$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aEconomic Theory/Quantitative Economics/Mathematical Methods. 615 24$aEconomic Growth. 676 $a330.156 700 $aOtaki$b Masayuki$4aut$4http://id.loc.gov/vocabulary/relators/aut$0972616 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910298472003321 996 $aKeynesian Economics and Price Theory$92540351 997 $aUNINA