現代主流派マクロ経済学批判の一視角 : ポスト・ケインズ派の挑戦

• 資料種別: 記事
• タイトル: 現代主流派マクロ経済学批判の一視角 : ポスト・ケインズ派の挑戦
• 著者・編者: 鍋島 直樹
• 著者標目: 鍋島 直樹
• 並列タイトル等: A Critical Appraisal of New Consensus Macroeconomics : A Post Keynesian Perspective
• タイトル（掲載誌）: 季刊経済理論 = Political economy quarterly / 経済理論学会 編
• 巻号年月日等（掲載誌）: 48(4):2012.1
• 掲載巻: 48
• 掲載号: 4
• 掲載ページ: 75-85
• 掲載年月日（W3CDTF）: 2012-01
• ISSN（掲載誌）: 1882-5184
• ISSN-L（掲載誌）: 1882-5184
• 出版事項（掲載誌）: 東京 : 経済理論学会事務局 ; 2004-
• 出版地（国名コード）: JP
• 本文の言語コード: jpn
• NDLC: ZD11
• 対象利用者: 一般
• 所蔵機関: 国立国会図書館
• 請求記号: Z41-1347
• 連携機関・データベース: 国立国会図書館 : 国立国会図書館雑誌記事索引; https://ndlsearch.ndl.go.jp
• 書誌ID（NDLBibID）: 023435264; http://id.ndl.go.jp/bib/023435264
• 整理区分コード: 632

• 要約等: Nowadays, mainstream macroeconomics has evolved into a new framework, which is labeled "new consensus macroeconomics", by integrating research results both of new classicals and of new Keynesians. It is said that oppositions between schools of thought over the analytical framework have nearly disappeared within mainstream macroeconomics today. It is notable that the new consensus recognizes the exogeneity of the shortterm interest rate and the endogeneity of the money supply. Nevertheless, the new consensus model exhibits strong classical features. In the model, the longrun equilibrium of the economy is exclusively determined by the supply-side factors, and effective demand has no influence on it. Therefore, in the long-run, monetary policy only impacts on the rate of inflation and doesn't improve the levels of production and employment. Further, proponents of the new consensus accept Wicksell's concept of the "natural rate of interest", and they consider that the departure of the market rate of interest from the natural rate gives rise to the movement of the aggregate price level. In addition, they inherit Wicksell's idea that the natural rate of interest acts as a center of gravitation. In contrast, Post Keynesian economists argue that aggregate demand not only determines the short-run output, but also plays a crucial role in directing the long-run growth path of the economy. Hence government economic policies have lasting effects on the real economy. Furthermore, Post Keynesians deny the existence of a unique natural rate of interest, and they maintain that the interest rate determined by monetary factors constitutes a center of gravitation. We can regard the rivalry between the new consensus and the Post Keynesian views as a modern manifestation of the rivalry between "real analysis" and "monetary analysis" that has shaped the history of economics. Today, Post Keynesian economics makes great contributions to the theoretical foundation of monetary analysis that believes capitalist economies inherently contain monetary and financial instability.
• DOI: 10.20667/peq.48.4_75
• オンライン閲覧公開範囲: インターネット公開
• 連携機関・データベース: 科学技術振興機構 : J-STAGE; http://www.jstage.jst.go.jp

• 要約等: Nowadays, mainstream macroeconomics has evolved into a new framework, which is labeled "new consensus macroeconomics", by integrating research results both of new classicals and of new Keynesians. It is said that oppositions between schools of thought over the analytical framework have nearly disappeared within mainstream macroeconomics today. It is notable that the new consensus recognizes the exogeneity of the shortterm interest rate and the endogeneity of the money supply. Nevertheless, the new consensus model exhibits strong classical features. In the model, the longrun equilibrium of the economy is exclusively determined by the supply-side factors, and effective demand has no influence on it. Therefore, in the long-run, monetary policy only impacts on the rate of inflation and doesn't improve the levels of production and employment. Further, proponents of the new consensus accept Wicksell's concept of the "natural rate of interest", and they consider that the departure of the market rate of interest from the natural rate gives rise to the movement of the aggregate price level. In addition, they inherit Wicksell's idea that the natural rate of interest acts as a center of gravitation. In contrast, Post Keynesian economists argue that aggregate demand not only determines the short-run output, but also plays a crucial role in directing the long-run growth path of the economy. Hence government economic policies have lasting effects on the real economy. Furthermore, Post Keynesians deny the existence of a unique natural rate of interest, and they maintain that the interest rate determined by monetary factors constitutes a center of gravitation. We can regard the rivalry between the new consensus and the Post Keynesian views as a modern manifestation of the rivalry between "real analysis" and "monetary analysis" that has shaped the history of economics. Today, Post Keynesian economics makes great contributions to the theoretical foundation of monetary analysis that believes capitalist economies inherently contain monetary and financial instability.
• DOI: 10.20667/peq.48.4_75; https://doi.org/10.20667/peq.48.4_75
• 関連情報（URI）: http://id.ndl.go.jp/bib/023435264; https://ndlsearch.ndl.go.jp/books/R000000004-I023435264
• 連携機関・データベース: 国立情報学研究所 : CiNii Research; https://cir.nii.ac.jp/
• 提供元機関・データベース: Japan Link Center; https://japanlinkcenter.org/top; 雑誌記事索引データベース; https://ndlsearch.ndl.go.jp; CiNii Articles; 科学研究費助成事業データベース; https://kaken.nii.ac.jp/ja
• 書誌ID（NDLBibID）: 023435264; http://id.ndl.go.jp/bib/023435264
• NII論文ID: 110009820371