{"created":"2023-05-15T11:01:32.956314+00:00","id":472,"links":{},"metadata":{"_buckets":{"deposit":"05ce66c1-9901-49da-aea8-bc2df0e8c710"},"_deposit":{"created_by":2,"id":"472","owners":[2],"pid":{"revision_id":0,"type":"depid","value":"472"},"status":"published"},"_oai":{"id":"oai:nagaokaut.repo.nii.ac.jp:00000472","sets":["5:16:39:47"]},"author_link":["1488","1486","1487"],"item_4_alternative_title_21":{"attribute_name":"その他のタイトル","attribute_value_mlt":[{"subitem_alternative_title":"The demand for and the supply of money in Japan : an analysis by the money-multiplier theory"}]},"item_4_biblio_info_8":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"1986-10-01","bibliographicIssueDateType":"Issued"},"bibliographicPageEnd":"307","bibliographicPageStart":"297","bibliographicVolumeNumber":"8","bibliographic_titles":[{"bibliographic_title":"長岡技術科学大学研究報告"}]}]},"item_4_description_5":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"In our previous paper, we presented some empirical analysis on the Japanese demand and supply functions of money. In that paper, although we have analyzed the money-demand function rather carefully, we did not present any persuasive theory specifying the money-supply function. In this paper, despite of its well known shortcomings, we shall introduce the money-multiplier theory to specify the money-supply function. Since the money-multiplier theory is the simplest economic theory we can utilize to analyze the money-supply function, we believe this is the vest starting point. Once we get a money-supply function, we can proceed to test whether the equilibrium interest rate is determined by the demand and supply relations of money. Since we believe that this relation is an integral part of the real and financial sectors in the macro-economic model, the above test is very important. This paper is organized as follows : After a brief introduction in section 1, we shall explain the money multiplier theory in the Japanese economy in section 2. In section 3, we shall evaluate the stability of various deposit ratios which have a crucial role in the money-multiplier theory. In section 4, we shall present the money-supply function based on the money-multiplier theory. In section 5, we shall present the money-demand function based on the Goldfeld specification, then test how much explanatory power the financial wealth variable has in our money-demand function. In section 6, we shall derive an equilibrium interest rate function to test how meaningful the demand and supply relations of money are on this function. Finally, in section 7, we shall summarize the main conclusions and state some remaining problems.","subitem_description_type":"Abstract"}]},"item_4_full_name_3":{"attribute_name":"著者別名","attribute_value_mlt":[{"nameIdentifiers":[{"nameIdentifier":"1487","nameIdentifierScheme":"WEKO"}],"names":[{"name":"ヒラタ, ジュンイチ"}]},{"nameIdentifiers":[{"nameIdentifier":"1488","nameIdentifierScheme":"WEKO"}],"names":[{"name":"Hirata, Junichi"}]}]},"item_4_publisher_35":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"長岡技術科学大学"}]},"item_4_source_id_11":{"attribute_name":"書誌レコードID","attribute_value_mlt":[{"subitem_source_identifier":"AN00177120","subitem_source_identifier_type":"NCID"}]},"item_4_source_id_9":{"attribute_name":"ISSN","attribute_value_mlt":[{"subitem_source_identifier":"0388-5631","subitem_source_identifier_type":"ISSN"}]},"item_4_text_4":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_value":"長岡技術科学大学計画・経営系"}]},"item_4_version_type_18":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"平田, 純一"}],"nameIdentifiers":[{"nameIdentifier":"1486","nameIdentifierScheme":"WEKO"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2018-08-03"}],"displaytype":"detail","filename":"K8_35.pdf","filesize":[{"value":"852.2 kB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"K8_35.pdf","url":"https://nagaokaut.repo.nii.ac.jp/record/472/files/K8_35.pdf"},"version_id":"00cbd924-bec6-452b-9cde-10a1d6dc137b"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"money demand","subitem_subject_scheme":"Other"},{"subitem_subject":"money supply","subitem_subject_scheme":"Other"},{"subitem_subject":"Japanese financial market","subitem_subject_scheme":"Other"},{"subitem_subject":"equilibrium interest rate","subitem_subject_scheme":"Other"},{"subitem_subject":"macro economy","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"jpn"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"departmental bulletin paper","resourceuri":"http://purl.org/coar/resource_type/c_6501"}]},"item_title":"日本の貨幣需給 : 貨幣乗数理論による分析","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"日本の貨幣需給 : 貨幣乗数理論による分析"}]},"item_type_id":"4","owner":"2","path":["47"],"pubdate":{"attribute_name":"公開日","attribute_value":"2011-02-15"},"publish_date":"2011-02-15","publish_status":"0","recid":"472","relation_version_is_last":true,"title":["日本の貨幣需給 : 貨幣乗数理論による分析"],"weko_creator_id":"2","weko_shared_id":-1},"updated":"2023-05-15T11:28:20.939666+00:00"}