A Theory of the Producer-Consumer Household - The New Keynesian Perspective on Self-Employment (Hardcover)

The quick recovery of Asian economies from the recent global recession can be partly attributed tothe effect of positive aggregate-demand externalitiesin their self-employment sectors, which are overwhelmingly large in these economies. This book undertakes a behavioural analysis of self-employing producers to lay a microeconomic foundation for this effect, particularly in cases where markets are not perfectly competitive, as is the case during aggregate economic contractions. Where some marketsare not perfectly competitive, the market prices and rates fail to be relevant and internal prices and rates are instead formed toaid theorganization of family firm and consumption choice. The effects of these externalitiesare explored in this volume; the authors undertake a detailed analysis of records of labour force surveys, national incomes and product accounts of selected economies.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	November 2011
First published:	2011
Authors:	Yoshihiro Maruyama • Tadashi Sonoda
Dimensions:	229 x 152 x 23mm (L x W x T)
Format:	Hardcover
Pages:	278
ISBN-13:	978-0-230-30122-1
Categories:	Books > Business & Economics > Economics > Microeconomics > General Books > Business & Economics > Business & management > Ownership & organization of enterprises > Small businesses & self-employed
LSN:	0-230-30122-3
Barcode:	9780230301221

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