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Re-orientation of a Theory of Monetary EconomyMasayuki Otaki978-4-431-55345-82015 Edition 1- Effective demand and involuntary unemployment theory, compatible with neoclassical dynamic microeconomics, excluding ad-hoc price stickiness and money in utility assumptions
- Rigorous dynamic microeconomics foundation for Keynesian international monetary theory and monetary growth theory
- Fundamental critiques on existing new Keynesian theory and Lucas’ monetarist theory
- Includes supplementary material: sn.pub/extras
€100