Macroeconomics, Trade, and Social Welfare
In: Advances in Japanese Business and Economics v.14
Preface -- Contents -- About the Author -- Part I: Welfare and Macroeconomics -- Chapter 1: Multiplier Theory and Public Goods: Macroeconomics of the Mixed System -- 1.1 Introduction -- 1.2 The Principle of Effective Demand -- 1.3 Government and Fiscal Policy (Two-Good General Equilibrium) -- 1.4 Fiscal Policy Under Full Employment -- 1.5 Neo-Keynesian Synthesis -- 1.6 Concluding Remarks -- References -- Chapter 2: Unemployment and Inflation: The Natural Wage Rate Hypothesis -- 2.1 Introduction -- 2.2 The Model: Short- and Long-Run Equilibria