Macroeconomics, Trade, and Social Welfare

Business & Finance, Economics, Public Finance, Macroeconomics
Cover of the book Macroeconomics, Trade, and Social Welfare by Michihiro Ohyama, Springer Japan
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Michihiro Ohyama ISBN: 9784431558071
Publisher: Springer Japan Publication: July 11, 2016
Imprint: Springer Language: English
Author: Michihiro Ohyama
ISBN: 9784431558071
Publisher: Springer Japan
Publication: July 11, 2016
Imprint: Springer
Language: English

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 vary its expenditure to maximize national welfare. The same methods are effectively employed theoretically to investigate modern trade policy issues such as gains from trade, the theory of tariffs, free trade agreements, and the role of the WTO. Those methods are also used to study the welfare and efficiency of various socioeconomic situations.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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 vary its expenditure to maximize national welfare. The same methods are effectively employed theoretically to investigate modern trade policy issues such as gains from trade, the theory of tariffs, free trade agreements, and the role of the WTO. Those methods are also used to study the welfare and efficiency of various socioeconomic situations.

More books from Springer Japan

Cover of the book Regulatory Nascent Polypeptides by Michihiro Ohyama
Cover of the book Radar for Meteorological and Atmospheric Observations by Michihiro Ohyama
Cover of the book Renal Cell Carcinoma by Michihiro Ohyama
Cover of the book Total Synthesis of Bioactive Natural Products by Palladium-Catalyzed Domino Cyclization of Allenes and Related Compounds by Michihiro Ohyama
Cover of the book Electronic Processes in Organic Electronics by Michihiro Ohyama
Cover of the book Monetary Policy and the Oil Market by Michihiro Ohyama
Cover of the book Amino Acid Fermentation by Michihiro Ohyama
Cover of the book New Frontiers in Photochromism by Michihiro Ohyama
Cover of the book Pro-environmental Behaviors by Michihiro Ohyama
Cover of the book Hypothermia for Acute Brain Damage by Michihiro Ohyama
Cover of the book Neurochemical Monitoring in the Intensive Care Unit by Michihiro Ohyama
Cover of the book X-Ray Diffraction Imaging of Biological Cells by Michihiro Ohyama
Cover of the book Neurodegenerative Disorders as Systemic Diseases by Michihiro Ohyama
Cover of the book Application of Recirculating Aquaculture Systems in Japan by Michihiro Ohyama
Cover of the book The Malaysia-Japan Model on Technology Partnership by Michihiro Ohyama
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy