Home Home >
Reference >
Business & economics >
Business Cycle Dynamics and Stabilization Policies

Click for an excerpt

Business Cycle Dynamics and Stabilization Policies

A Keynesian Approach

Hajime Hori

Springer
Collection: Advances in Japanese Business and Economics
Publication date : 2017-05-09

Voir les informations d'accessibilité

Add to basket

£79,50

Download | LCP DRM 🛈 Adobe DRM 🛈

Streaming

Add to my wish list

Louise Reader

Read on Louise Reader App.

Get £11.92 by recommending this book

This monograph is devoted to the analysis of the dynamics of business cycles and stabilization policies. The analysis is conducted in models of the AS-AD type, focusing on involuntary unemployment and capital accumulation. Major conclusions are the following. (1) Sectoral imbalances, once emphasized by such business-cycle theorists as K. Marx, A. Spiethoff, and F.A. Hayek, are rectified in finite time by competitive investment allocation, leaving aggregate variables as the main variables of business cycle dynamics. (2) The chronology of events during a cycle is established, which resolves the so-called real wage puzzle. (3) Owing to the crowding-out effect on investment, fiscal stabilization policies can destabilize the business cycle dynamics if implemented too intensively. (4) If coordinated properly, monetary stabilization policies can remove the destabilizing tendency of fiscal stabilization policies.

Les livres numériques peuvent être téléchargés depuis l'ebookstore Numilog ou directement depuis une tablette ou smartphone.

PDF : format reprenant la maquette originale du livre ; lecture recommandée sur ordinateur et tablette
EPUB : format de texte repositionnable ; lecture sur tous supports (ordinateur, tablette, smartphone, liseuse)

Votre support de lecture	Format	Protection	Application
Ordinateur	-EPUB -PDF	DRM Adobe LCP	Lecture en ligne (streaming) Adobe Digital Editions(DRM Adobe) Thorium Reader (LCP)
Tablette et smartphone iOS / Android	EPUB PDF	LCP DRM Adobe	Application Louise Reader : IOS / Android(ne lit pas les fichiers protégés par Adobe DRM) Adobe Digital Edition : IOS/Android(Lit uniquement la DRM Adobe)
Liseuse	EPUB	DRM Adobe	Module de lecture de la liseuse
Liseuse Diva	EPUB	LCP DRM Adobe	Module de lecture de la liseuse Diva

Consultez l’aide pour en savoir plus.

About the book

Author

Hajime Hori

Imprint

Springer

Collection

Advances in Japanese Business and Economics

Publication date

2017-05-09

Pages

142 pages

Print ISBN

9789811030802

Language

English

Ebook informations

EAN PDF

9789811030819

Price

£79.50

Copy count 1

Print count 14

File size 2365 Ko

Informations accessibility

EAN EPUB

9789811030819

Price

£79.50

Copy count 1

Print count 14

File size 1976 Ko

Informations accessibility

Compatibility

To check the compatibility with your devices,
see help page

About author(s)

Hajime Hori

You may also be interested in...