Speculative Bubbles and Monetary Policy: A Theory Based on Japanese Experience - Hardcover

by Masayuki Otaki (Author)

This book works at the intersection of economic theory history. It presents a Keynesian theory with a rigorous dynamic microeconomic foundation that entirely differs from new Keynesian theory and applies it to the Japanese economic history from the 1980s to 2010s.

Author Biography

Masayuki Otaki (1957-2018) was professor of economics at the University of Tokyo. He completed this book shortly before passing.