New Paradigm in Macroeconomics

Part I. Introduction

1. Prologue: Searching for a New Kind of Economics
Richard A. Werner

2. Japanese Economic Performance During the 1990s
Richard A. Werner

Part II. Enigmas: Challenges to the Traditional Paradigm

3. The Enigma of the Ineffectiveness of Fiscal Policy in the 1990s
Richard A. Werner

4. The Enigma of the Ineffectiveness of Interest Rate Policy in the 1990s
Richard A. Werner

5. The Enigma of Japan’s Long Recession
Richard A. Werner

6. The Enigma of the Ineffectiveness of Structural Policy
Richard A. Werner

7. The Enigma of Economic Growth
Richard A. Werner

8. The Enigma of the Velocity Decline
Richard A. Werner

9. The Enigma of Japanese Asset Prices
Richard A. Werner

10. The Enigma of Japanese Capital Flows in the 1980s
Richard A. Werner

11. The Enigma of Japanese Bank Lending
Richard A. Werner

12. The Enigma of Banking and its Recurring Crises
Richard A. Werner

Part III. Explanations: Applying the New Paradigm

13. Solving the Enigma of Banking and Money
Richard A. Werner

14. Credit, Money and the Economy
Richard A. Werner

15. Explaining the Velocity Decline
Richard A. Werner

16. The Determinants of Growth
Richard A. Werner

17. The Cause of the Asset Price Bubbles and Banking Crises
Richard A. Werner

18. The Determinants of Japanese Capital Flows in the 1980s
Richard A. Werner

19. Why Fiscal Policy Could Not Work
Richard A. Werner

20. Monetary Policy in the 1990s and How to Create a Recovery
Richard A. Werner

21. Monetary Policy in the 1980s: How Bank Credit was Determined
Richard A. Werner

Part IV. The Goal of Macroeconomic Policy

22. Banking Reform
Richard A. Werner

23. The Goal of Fiscal, Structural and Monetary Policy
Richard A. Werner

24. A New Kind of Economics
Richard A. Werner

25. A New Vision of Macroeconomic Policy
Richard A. Werner

Avainsanat: Economics, Macroeconomics/Monetary Economics//Financial Economics