| ISBN |
9811624453 (hardcover)
|
| ISBN13桁 |
9789811624452 (hardcover)
|
| 無効なISBN等 |
9789811624469 (eBook)
|
| テキストの言語 |
英語
|
| 分類:NDC10版 |
338.3
|
| 個人著者標目 |
斉藤 誠,
|
| 生没年等 |
1960-
|
| 本タイトル |
Strong money demand in financing war and peace :
|
| タイトル関連情報 |
the cases of wartime and contemporary Japan /
|
| 著者名 |
Makoto Saito.
|
| 出版地・頒布地 |
Singapore :
|
| 出版者・頒布者名 |
Springer,
|
| 出版年・頒布年 |
[2021],
|
| 数量 |
xxiv, 204 pages :
|
| 他の形態的事項 |
illustrations ;
|
| 大きさ |
25 cm.
|
| 書誌注記 |
Includes bibliographical references and index.
|
| 要約、抄録、注釈等 |
"This book theoretically and empirically investigates the emergence of strong money demand in wartime Japan (1937-1945), its disappearance after the end of the war (1945-1949), and the reemergence of strong money demand in contemporary Japan (from 1995 to the present) in terms of the effects on fiscal activities and the price level. An augmented fiscal/monetary theory of the price level is constructed from a close examination of the strong money demand present in these periods. Then, profoundly puzzling phenomena such as mild deflation despite monetary expansion, low long-term interest rates despite fiscal unsustainability, and weak aggregate demand despite near-zero rates of interest, all of which are actually being observed in contemporary Japan, can now be interpreted in line with the above augmented theory. In the present, strong money demand at near-zero rates endows the Japanese government with maximum fiscal flexibility. However, if it disappeared for some reason, prices would surge to the quantity theory of money level, and fiscal sustainability would have to be restored. In the future, alternative currency units issued by private banks might carry out a purge of such strong demand for the yen."--Back cover
|
| 統一タイトル(シリーズ副出標目) |
Advances in Japanese business and economics ;
|
| シリーズの巻次 |
28.
|
| シリーズ名・巻次 |
Advances in Japanese business and economics, volume 28 |
| 一般件名 |
Demand for money -- History. -- Japan
Demand for money. |
| 地名件名 |
Japan -- History.
Japan -- Economic policy. |
| 文献識別 |
JP
|
| 資料情報1 |
『Strong money demand in financing war and peace :
the cases of wartime and contemporary Japan /』(Advances in Japanese business and economics,
volume 28) Makoto Saito. Springer, [2021],
(所蔵館:中央
請求記号:F/338.3/S15/S
資料コード:7114976589)
|
| URL |
https://catalog.library.metro.tokyo.lg.jp/winj/opac/switch-detail.do?lang=ja&bibid=1352053392 |