Have a personal or library account? Click to login
Necessity of Budget Deficit Under Economic Growth in Monopolistic Competition Cover

Necessity of Budget Deficit Under Economic Growth in Monopolistic Competition

By: Yasuhito Tanaka  
Open Access
|Feb 2022

References

  1. Hogan, T. L. (2021). Review of Stephanie Kelton’s the Deficit Myth. AIER Sound Money Project Working Paper No. 2021–5. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=376756210.2139/ssrn.3767562
  2. Kelton, S. (2020). The Deficit Myth: Modern monetary theory and the birth of the people’s economy. Public Affairs.
  3. Lerner, A. P. (1943). Functional finance and the federal debt. Social Research, 10, 38–51.
  4. Lerner, A. P. (1944). The economics of control: Principles of welfare economics. Macmillan.
  5. Mitchell, W., Wray, L. R., & Watts, M. (2019). Macroeconomics. Red Globe Press.
  6. Mochizuki, S. (2020). A book understanding MMT (in Japanese, MMT ga yokuwakaru hon). Shuwa System.
  7. Morinaga, K. (2020). MMT will save Japan (in Japanese, MMT ga nihon wo sukuu). Takarajimasha.
  8. Nakano, A. (2020). A book to understand the key points of MMT (in Japanese, MMT no pointo ga yokuwakaru hon), Shuwa System.
  9. Otaki, M. (2007). The dynamically extended Keynesian cross and the welfare-improving fiscal policy. Economics Letters, 96, 23–29. https://doi.org/10.1016/j.econlet.2006.12.00510.1016/j.econlet.2006.12.005
  10. Otaki, M. (2009). A welfare economics foundation for the full-employment policy. Economics Letters, 102(1), 1–3. https://doi.org/10.1016/j.econlet.2008.08.00310.1016/j.econlet.2008.08.003
  11. Otaki, M. (2012). A Keynesian endogenous growth theory with a rigorous microeconomic foundation. Theoretical Economics Letters, 2(4), 365–368. https://doi.org/10.4236/tel.2012.2406710.4236/tel.2012.24067
  12. Otaki, M. (2013). On the endogenous sustainability of economic growth: Why is the scale of government enlarged? Theoretical Economics Letters, 3(3), 159–163. https://doi.org/10.4236/tel.2013.3302610.4236/tel.2013.33026
  13. Otaki, M., & Tamura, M. (2013). Monetary growth theory under perfect and monopolistic competitions. Theoretical Economics Letters, 3(4), 216–219. https://doi.org/10.4236/tel.2013.3403610.4236/tel.2013.34036
  14. Otaki, M. (2015a). Keynesian economics and price theory: Re-orientation of a theory of monetary economy. Springer. https://doi.org/10.1007/978-4-431-55345-810.1007/978-4-431-55345-8
  15. Otaki, M. (2015b). Public debt as a burden on the future generation: A Keynesian approach. Theoretical Economics Letters, 5(5), 651–658. https://doi.org/10.4236/tel.2015.5507610.4236/tel.2015.55076
  16. Park, S. (2020). The fallacy of fiscal collapse (in Japanese, Zaisei hatanron no ayamari). Seitosha.
  17. Shimakura, G. (2019). What is MMT? (in Japanese, MMT towa nanika), Kadokawa Shinsho.
  18. Tanaka, Y. (2020). Involuntary unemployment with indivisible labor supply under perfect competition. Economics Bulletin, 40(3), 1914–1923. http://www.accessecon.com/Pubs/EB/2020/Volume40/EB-20-V40-I3-P165.pdf
  19. Tanaka, Y. (2022). Debt to GDP ratio from the perspective of MMT. Business Management and Strategy, 13(1), 1–12. https://doi.org/10.5296/bms.v13i1.1935310.5296/bms.v13i1.19353
  20. Wray, L. R. (2015). Modern money theory: A primer on macroeconomics for sovereign monetary systems (2nd ed.). Palgrave Macmillan.
Language: English
Page range: 1 - 16
Published on: Feb 20, 2022
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2022 Yasuhito Tanaka, published by Riga Technical University
This work is licensed under the Creative Commons Attribution 4.0 License.