References
- Calvo, G. A. (1983). Staggered prices in a utility-maximizing framework. Journal of Monetary Economics, 12, 383–398.
- Erceg, C., Henderson, D., & Levin, A. (1998). Tradeoffs between inflation and output-gap variances in an optimizing-agent model, International Finance Discussion Papers, Board of Governors of the Federal Reserve System, No.627.
- Erceg, C., Henderson, D., & Levin, A. (2000). Optimal monetary policy with staggered wage and price contracts. Journal of Monetary Economics, 46, 281–313.
- Kalecki, M. (1944). “The classical stationary state” A comment. Economic Journal, 54, 131–132.
- Lucas, R. E. Jr. (1972). Expectations and the neutrality of money. Journal of Economic Theory, 4, 103–124.
- Otaki, M. (2007). The dynamically extended Keynesian cross and the welfare-improving fiscal policy. Economics Letters, 96, 23–29.
- Otaki, M. (2009). A welfare economics foundation for the full-employment policy. Economics Letters, 102, 1–3.
- Otaki, M. (2011). Fundamentals of the Theory of Money and Employment (Kahei-Koyo Riron no Kiso (in Japanese)). Keiso Shobo, Tokyo, Japan.
- Otaki, M. (2015). Keynesian Economics and Price Theory: Re-orientation of a Theory of Monetary Economy, Springer, Tokyo, Japan.
- Otaki, M., & Tamai, M. (2012). A microeconomic foundation for the Phillips curve under complete markets without any exogenous price stickiness: A Keynesian view. Theoretical Economics Letters, 2, 482–486.
- Phillips, A. W. (1958). The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1861–1957. Economica, 25, 283–299.
- Pigou, A. C. (1943). The classical stationary state. Economic Journal, 53, 343–351.
- Tanaka, Y. (2020). Microeconomic foundation for Phillips curve with three-periods overlapping generations model and negative real balance effect, MPRA Paper No. 103505.
- Taylor, J. (1979). Staggered wage setting in a macro model. American Economic Review, 69, 108–113.
- Taylor, J. (1980). Aggregate dynamics and staggered contracts. Journal of Political Economy, 88, 1–23.
- Woodford, M. (2003). Interest and Prices. Princeton University Press, New Jersey, U.S.A..