{"product_id":"a-neo-keynesian-theory-of-inflation-and-economic-growth-9783540069645","title":"A Neo-Keynesian Theory of Inflation and Economic Growth","description":"\u003cp\u003e • Author(s): S. Fujino\u003cbr\u003e • Publisher: Springer\u003cbr\u003e • Publisher Imprint: Springer\u003cbr\u003e • BISAC: Economics - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e'lhe PUIllooes of this study are to investigate processes of cyclical fluctuations, inflation and economic g: t'Oo'lth, and conComitantly, to relate the short-run analysis to the long-run analysis of the econaT\\Y as far as feasible under the confines of this investigation. First of all, we shall present a theory of investnent in Chapter 1. We shall make evident defects included in the neo-classical theory of investnent, founded in particular by I. Fisher and a variant of which is the Keynesian version, by taking into account recent studies of investnent and by formulating a new theory of investnent. Its incorporatim into our dynamic analyses is one of the reasons why the theory developed in this study is referred to as Neo- Keynesian. Brlefly, the theory is characterlzed by firm investnent being a function of the firm's expected stock of money, the expected marginal productivi- ty of capital, and the expected rate of inflation (or the firm's subjective rate of real interest) .\u003c\/p\u003e","brand":"Springer","offers":[{"title":"Paperback","offer_id":45280387367063,"sku":"9783540069645","price":3672.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783540069645.webp?v=1769296177","url":"https:\/\/atlanticbooks.com\/products\/a-neo-keynesian-theory-of-inflation-and-economic-growth-9783540069645","provider":"Atlantic Books","version":"1.0","type":"link"}