物価水準の貨幣理論 (Monetary Theory of the Price Level)

15 Pages Posted: 16 Aug 2019 Last revised: 6 Apr 2020

Date Written: July 31, 2019

Abstract

English version: http://ssrn.com/abstract=3431596

Japanese Abstract: 現代貨幣理論(Modern Monetary Theory, MMT)はポストケインジアンの系譜にある理論であり,租税貨幣論や内生的貨幣供給論といった複数の構成要素からなる.MMTは,ポストケインジアンのストック・フロー一貫モデルに基づいた会計にまつわる事実解明的主張が多く,ミクロ的基礎づけをもった数理モデルは提案されていない.そこでMMTの要旨となる部分を数理モデル化し,物価水準の変動のメカニズムを明示化したマクロ経済モデルを提案することが本論文の主旨である.

English Abstract: Modern Monetary Theory (MMT) is a theory in the post-Keynesian genealogy and consists of several components such as tax money theory and endogenous money supply theory. MMT makes many factual claims about accounting based on the post-Keynesian stock-flow consistent model, and no mathematical model with micro-grounding has been proposed. The main purpose of this paper is to propose a macroeconomic model that clarifies the mechanism of price level change by modeling the main part of the MMT.

Note: Downloadable document is in Japanese.

Keywords: MMT, FTPL, MTPL

JEL Classification: E

Suggested Citation

Kimura, Yu, 物価水準の貨幣理論 (Monetary Theory of the Price Level) (July 31, 2019). Available at SSRN: https://ssrn.com/abstract=3429565 or http://dx.doi.org/10.2139/ssrn.3429565

Yu Kimura (Contact Author)

Kyoto University ( email )

Yoshida-Honmachi
Sakyo-ku
Kyoto, 606-8501
Japan

HOME PAGE: http://yu-kimura.jp

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