LEADER 01193nam0 22002891i 450 001 UON00053779 005 20231205102237.926 100 $a20020107d1902 |0itac50 ba 101 $aeng$aARA 102 $aNL 105 $a|||| 1|||| 200 1 $aSelections from the Annals of Tabari$fM. J. de Goeje$gwith brief notes and a selected glossary 210 $aLeiden$cBrill$d1902 215 $a73 p.$d23 cm 410 1$1001UON00039432$12001 $aSemitic study series$v01 620 $aNL$dLeiden$3UONL003056 686 $aARA IV A$cPAESI ARABI - STORIA - FONTI E TESTI CLASSICI$2A 700 1$aGoeje$bMichael Jan : de$3UONV012188$0330368 712 $aBrill$3UONV245886$4650 790 1$aDE_GOEJE, M. J.$zGoeje, Michael Jan : de$3UONV012515 790 1$aGOEJE, Michael Jan : de$zGoeje, Michael Jan : de$3UONV204199 801 $aIT$bSOL$c20240220$gRICA 899 $aSIBA - SISTEMA BIBLIOTECARIO DI ATENEO$2UONSI 912 $aUON00053779 950 $aSIBA - SISTEMA BIBLIOTECARIO DI ATENEO$dSI ARA IV A 031 $eSI MR 30036 5 031 996 $aSelections from the Annals of Tabari$92803532 997 $aUNIOR LEADER 03386nam 22005775 450 001 9910847594703321 005 20250807145421.0 010 $a9789819704156$b(ebook) 024 7 $a10.1007/978-981-97-0415-6 035 $a(CKB)31403785600041 035 $a(MiAaPQ)EBC31267350 035 $a(Au-PeEL)EBL31267350 035 $a(DE-He213)978-981-97-0415-6 035 $a(EXLCZ)9931403785600041 100 $a20240409d2024 u| 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aDeflation and Fiscal Deficits $eThree Questions About Japanese Economic Policy /$fby Yoshikiyo Sakai 205 $a1st ed. 2024. 210 1$aSingapore :$cSpringer Nature Singapore :$cImprint: Springer,$d2024. 215 $a1 online resource (77 pages) 225 1 $aSpringerBriefs in Economics,$x2191-5512 311 08$a9789819704149 320 $aIncludes bibliographical references. 327 $aCircumstances of Questions and Theoretical Background -- Timeline of Economic Policies in Japan -- Structure of Quantitative and Qualitative Monetary Easing and Joint Statement with Government -- Fiscal Theory of Price Level and Modern Monetary Theory -- Answers to Questions 1 and 2: Financial System from Viewpoints of Payment -- Answer to Question 3: Crocodile Mouth Theory vs. Blanchard Assertion -- Conclusion. 330 $aIn this study on the Japanese economy, the author focuses on three problems related to economic policy and presents their answers. The author analyzes (i) what mechanisms exist for fiscal policy and the price level, (ii) whether the MMT proposition that public deficits increase people?s wealth and savings fits into the standard macro model, and (iii) whether Blanchard's assertion that fiscal deficits are net wealth in the US economy can be applied to Japanese economy as well. The propositions of Sims? FTPL, Kelton's MMT, Japan's Ricardian type argument, and the non-Ricardian type of government by Blanchard have been understood as independent economic perceptions, but they will be theoretically shown as a coherent story. Namely, this study presents a macroeconomic framework that includes the financial sector and derives Sims? proposition that ?fiscal policy can be the sole determinant of the price level.? It also shows that MMT's claim that "budget deficits increase our wealth and collective savings" can inevitably hold within this framework. Furthermore, it presents a model that consistently explains that public debt leads to financial collapse and contributes to economic welfare. 410 0$aSpringerBriefs in Economics,$x2191-5512 606 $aMacroeconomics 606 $aEconomic development 606 $aEconomic policy 606 $aMacroeconomics and Monetary Economics 606 $aEconomic Growth 606 $aEconomic Policy 615 0$aMacroeconomics. 615 0$aEconomic development. 615 0$aEconomic policy. 615 14$aMacroeconomics and Monetary Economics. 615 24$aEconomic Growth. 615 24$aEconomic Policy. 676 $a338.952 700 $aSakai$b Yoshikiyo$01736442 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910847594703321 996 $aDeflation and Fiscal Deficits$94156279 997 $aUNINA