Keynes’s General Theory Reconsidered in the Context of the Japanese Economy

This book reconsiders Keynes’s The General Theory of Employment, Interest and Money and establishes a new interpretation. In contrast to the existing models, this book finds that the stickiness in the nominal wage is not crucial for his theory. Moreover, the author has also succeeds in capturing the...

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Main Author: Otaki, Masayuki. (Author, http://id.loc.gov/vocabulary/relators/aut)
Corporate Author: SpringerLink (Online service)
Language:English
Published: Tokyo : Springer Japan : Imprint: Springer, 2016.
Edition:1st ed. 2016.
Series:Development Bank of Japan Research Series,
Subjects:
Online Access:https://doi.org/10.1007/978-4-431-55915-3