The high price of money : an interpretation of world interest rates

• Material Type: 図書
• ISBN: 0198289499; 9780198289494
• Title: The high price of money : an interpretation of world interest rates
• Author/Editor: Pierluigi Ciocca and Giangiacomo Nardozzi; with an essay on The main trends of real interest rates, 1960-1994 by Aviram Levy and Fabio Panetta; translated by Timothy Keates.
• Title Heading: Alto prezzo del danaro. English
• Author Heading: Ciocca, Pierluigi, 1941-; Nardozzi, Giangiacomo.
• Publication, Distribution, etc.: Oxford [England] : Clarendon Press (出版); New York : Oxford University Press (出版)
• Publication Date: 1996.
• Publication Date (W3CDTF): 1996
• Extent: x, 192 pages
• Other physical details: illustrations
• Size: 23 cm
• Place of Publication (Country Code): GB
• Text Language Code: eng
• Original Text Lang. Code: ita
• Content Type: text
• Media Type: unmediated
• Carrier Type: volume
• Subject Heading: Interest rates.; Economic policy.; Política económica.; Rente.; Inflatie.; Macro-economie.; Politique économique.; Taux d'intérêt.; Zinstheorie.; Zinsfuß; Realzins.; Interest (Finance)
• LCC: HB539
• DDC: 332.8/2
• NDLC: DA98
• Target Audience: 一般
• Note (General): "This English edition contains a new chapter (Chapter 7)--Preamble.
• Note (Content): The alternative perspective offered in this book is a Keynesian one, in which the explanation of economic facts can never be separated from the role of economic policy. This view posits interest rates as a 'conventional' phenomenon, rooted in the perceptions and expectations of a now global financial market. That is, they are self-fulfilling rather than inescapable costs. The essential economic facts of the last twenty years bear out the truth of this Keynesian approach to interest rates, and are at odds with neo-classical (Fisher-Wicksell) theory. The implication, then, is that the world is not condemned to a high rate of interest, with the risk of low investment, rising public indebtedness, stagnation, and unemployment. Conscious economic policies, coordinated at the international level, are capable of turning this largely conventional price towards non-inflationary growth.
• Note (Bibliography): Includes bibliographical references.
• Holding library: 国立国会図書館
• Call No.: DA98-B4
• Data Provider (Database): 国立国会図書館 : 国立国会図書館蔵書; https://ndlsearch.ndl.go.jp
• Bibliographic ID (NDL): 026078850; http://id.ndl.go.jp/bib/026078850
• LC Control Number: 96012610; https://lccn.loc.gov/96012610
• OCLC No.: 34470990; https://www.worldcat.org/oclc/34470990
• Cataloging Rule: RDA
• Bibliographic Record Category (NDL): 211

• Contents: The High Price of Money. 1. The Neo-classical Theory of Interest. 2. Neo-classical Theory and the Facts. 3. The Keynesian Approach. 4. A Keynesian Rea...
• Summary, etc.: This elegantly written book argues against the conventional wisdom that prevails in academic and official circles. According to this essentially neo-c...