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Item Details
Title:
MACROECONOMICS AND THE JAPANESE ECONOMY
By:
Hiroshi Yoshikawa
Format:
Hardback
List price:
£187.50
Our price:
£164.06
Discount:
12.5
% off
You save:
£23.44
ISBN 10:
0198233264
ISBN 13:
9780198233268
Availability:
Usually dispatched within 1-3 weeks.
Delivery rates
Stock:
Currently
0
available
Publisher:
OXFORD UNIVERSITY PRESS
Pub. date:
28 December, 1995
Pages:
496
Description:
This book proposes a new approach to macroeconomics which draws upon the experience of the Japanese economy. It provides not only theoretical exercises, but also many empirical analyses of the Japanese economy. It will appeal to economists interested in the Japanese economy, as well as those working on macroeconomics more generally.
Synopsis:
This book proposes a new approach to macroeconomics which draws upon the experience of the Japanese economy. the approach is similar to the Old Keynesian view: it rejects the Walrasian approach, and singles out real demand as the fundamental determinant of output in the economy as a whole. However, by maintaining that real demand constrains are important not only in the short-run, but in the long-run, it goes beyond what is normally understood as the Keynesian approach. This book is also very different from the New Keynesian Economics. In particular, it regards the rigidity of nominal wages/prices as of secondary importance. _ To show that a new approach is called for, Professor Yoshikawa provides both theoretical exercises and numerous empirical analyses of the Japanese economy. His arguments are extensivley illustrated by almost 200 figures and tables of data.
Illustrations:
numerous line figures and tables
Publication:
UK
Imprint:
Oxford University Press
Returns:
Returnable
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COMPARING ECONOMIC SYSTEMS (HB)
RECONSTRUCTING MACROECONOMICS
RECONSTRUCTING MACROECONOMICS (HB)
RECONSTRUCTING MACROECONOMICS (PB)
RECONSTRUCTION OF MACROECONOMICS: METHODS OF STATISTICAL PHYSICS, AND KEYNES'' PRINCIPLE OF EFFECTIVE DEMAND (HB)
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