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Macroeconomics, Trade, and Social Welfare (Advances in Japanese Business and Economics)
Michihiro Ohyama
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Description for Macroeconomics, Trade, and Social Welfare (Advances in Japanese Business and Economics)
Hardcover. Series: Advances in Japanese Business and Economics. Num Pages: 245 pages, 330 black & white illustrations, biography. BIC Classification: KCB; KFFD. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 16. Weight in Grams: 537.
This book develops new, original methods of welfare comparison and comparative dynamics between distinct and discretely positioned (rather than continuously related) socioeconomic situations. These methods are not only realistic but also extremely relevant to serious economic problems. Using them, the book sheds illuminating new light on the theoretical analysis of Keynesian economics and other important issues of political economy. For instance, it shows that the principle of effective demand applies exactly as Keynes put it to the unemployment equilibrium in the short run. It also shows that the equilibrium may change along the expansion path as the government chooses to ... Read more
This book develops new, original methods of welfare comparison and comparative dynamics between distinct and discretely positioned (rather than continuously related) socioeconomic situations. These methods are not only realistic but also extremely relevant to serious economic problems. Using them, the book sheds illuminating new light on the theoretical analysis of Keynesian economics and other important issues of political economy. For instance, it shows that the principle of effective demand applies exactly as Keynes put it to the unemployment equilibrium in the short run. It also shows that the equilibrium may change along the expansion path as the government chooses to ... Read more
Product Details
Publisher
Springer
Format
Hardback
Publication date
2016
Series
Advances in Japanese Business and Economics
Condition
New
Weight
536g
Number of Pages
232
Place of Publication
Tokyo, Japan
ISBN
9784431558057
SKU
V9784431558057
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Michihiro Ohyama
Michihiro Ohyama is a professor emeritus of Keio University, Tokyo, Japan. He is the former president of the Japanese Economic Association and the Japan Society of International Economics. His major publications include On the Stability of Generalized Metzlerian Systems, Review of Economic Studies, Vol. 39 (1972); Trade and Welfare in General Equilibrium, Keio Economic Studies, Vol. ... Read more
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