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E-book
Author Maruyama, Yoshihiro, 1932-

Title A theory of producer-consumer household : the new Keynesian perspective on self-employment / by Yoshihiro Maruyama and Tadashi Sonoda
Published Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, 2011

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Description 1 online resource (xx, 278 pages)
Contents A prototype model of producer-consumer household -- The behavioral transformation of producer-consumer households through the development of competitive markets -- Effects of the internal rate of wage on output supply : a structural estimation for Japanese rice farmers -- The economic differentiation of producer-consumer households -- The structure of labor supply -- Demand for capital service (consumption good in the prodcution of household goods) -- A dual economy of the new Keynesian type with self-employment included -- The sectoral productivity and the behavior of the economy in which the home prodcution of houseold goods is inevitable -- The positive aggregate-demand externalities of producer-consumer households to stabilize aggregate economic fluctuations : a comparison between Japan and the United States
Summary 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
Bibliography Includes bibliographical references and index
Subject Family-owned business enterprises -- Japan
Family-owned business enterprises -- United States
Family-owned business enterprises -- Finance
Family-owned business enterprises -- Management
BUSINESS & ECONOMICS -- Small Business.
Family-owned business enterprises
Family-owned business enterprises -- Finance
Family-owned business enterprises -- Management
Japan
United States
Form Electronic book
Author Sonoda, Tadashi, 1969-
ISBN 9780230346680
0230346685