The New Paradigm in Macroeconomics: Solving the Riddle of Japanese Macroeconomic Performance by Werner, Richard (2005) Paperback

by Richard A. Werner

PART INTRODUCTION Searching for a New Kind of Economics Japanese economic performance during the 1990s PART CHALLENGES TO THE TRADITIONAL PARADIGM The Enigma of the Ineffectiveness of Fiscal Policy The Enigma of the Ineffectiveness of Interest Rate Policy The Enigma of Japan's Long Recession The Enigma of the Ineffectiveness of Structural Policy The Enigma of Economic Growth The Enigma of the Velocity Decline The Enigma of Japanese Asset Prices The Enigma of Japanese Capital Flows in the 1980s The Enigma of Japanese Bank Lending The Enigma of Banking and its Recurring Crises PART APPLYING THE NEW PARADIGM Solving the Enigma of Banking and Money Credit, Money and the Economy Explaining the Velocity Decline The Determinants of Growth The Cause of Asset Price Bubbles and Banking Crises The Determinants of Japanese Capital Flows in the 1980s Why Fiscal Policy Could Not Work Monetary Policy in the 1990s and How to Create a Recovery Monetary Policy in the 1980 How Bank Credit was Determined PART THE GOAL OF MACROECONOMIC POLICY Banking Reform The Goal of Fiscal, Structural and Monetary Policy A New Kind of Economics A New Vision of Macroeconomic Policy

Genres: Economics, History, Politics, Finance

Paperback

First published January 1, 2005

Reviews

[Jonathan Krishna Ramani · Rating 1 out of 5]

Some interesting takes on banking, but lacking in contemporary relevance. Where is the model?