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Money, Interest, and Stagnation: Dynamic Theory and Keynes's Economics

Yoshiyasu Ono

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ISBN 10: 0198288379 / ISBN 13: 9780198288374
Published by Oxford University Press, USA, 1994
Used Condition: Good
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Former Library book. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP13403615

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Bibliographic Details

Title: Money, Interest, and Stagnation: Dynamic ...

Publisher: Oxford University Press, USA

Publication Date: 1994

Book Condition:Good

About this title


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

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