A theory of the producer-consumer household : the new Keynesian perspective on self-employment
Author(s)
Bibliographic Information
A theory of the producer-consumer household : the new Keynesian perspective on self-employment
Palgrave Macmillan, 2011
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Note
Includes bibliographical references (p. 269-272) and index
Description and Table of Contents
Description
The quick recovery of Asian economies from recent recessions in comparison to the struggling American and European economies can be attributed in part to the positive aggregate-demand externalities of their self-employment sectors. This book presents a behavioural analysis of this effect, with a detailed focus on producer households.
Table of Contents
Introduction A Prototype Model of Producer-Consumer Household Behavioural Transformation Effects of the Internal Rate of Wage on Output Supply Economic Differentiation The Structure of Labour Supply Demand for Capital Service A Dual Economy of the New Keynesian Type Economy with Home Production of Household Goods Positive Aggregate-Demand Externalities
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