Title: Money, Interest, and Stagnation: Dynamic Theory and Keynes's Economics
Publisher: Oxford University Press
Publication Date: 1994
Language: English
ISBN 10: 0198288379
ISBN 13: 9780198288374
Binding: Hardcover
Condition: good

About this title

Synopsis

This book looks at the utility of money in dynamic macroeconomic theory. Ono sets out a new theoretical explanation of disequilibrium in markets, using stagnant money as an example, that draws in part on Keynes's work, but also uses the neoclassical theoretical tools of optimization and intertemporal models. His strikingly original work has interesting implications for macroeconomic behavior and the efficacy of governmental policies to stimulate growth in the economy.

About the Author

In Summer 1993, Visiting Research Fellow, The World Bank, Washington, DC

"About this title" may belong to another edition of this title.

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