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 Double Chooz and Reactor Neutrino Oscillation by Michihiro Ohyama
Cover of the book Intensity-Modulated Radiation Therapy by Michihiro Ohyama
Cover of the book Transition of the Yangtze River Delta by Michihiro Ohyama
Cover of the book Economic Activities Under the Japanese Colonial Empire by Michihiro Ohyama
Cover of the book Mathematical Approaches to Biological Systems by Michihiro Ohyama
Cover of the book Flow Visualization in Materials Processing by Michihiro Ohyama
Cover of the book Keynesian Economics and Price Theory by Michihiro Ohyama
Cover of the book Land Use Management in Disaster Risk Reduction by Michihiro Ohyama
Cover of the book Sports Performance by Michihiro Ohyama
Cover of the book Vertigo and Balance Disorders in Children by Michihiro Ohyama
Cover of the book Fertility Decline and Background Independence by Michihiro Ohyama
Cover of the book Translational Research in Muscular Dystrophy by Michihiro Ohyama
Cover of the book Confronting Emerging Zoonoses by Michihiro Ohyama
Cover of the book A Mathematical Approach to Research Problems of Science and Technology by Michihiro Ohyama
Cover of the book Environmental Policy and Governance in China 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