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Cover image for book A Theory of the Producer-Consumer Household

A Theory of the Producer-Consumer Household

The New Keynesian Perspective on Self-Employment
By:Yoshihiro Maruyama; Tadashi Sonoda
Publisher:Springer Nature
Print ISBN:9780230301221
eText ISBN:9780230346680
Edition:0
Copyright:2011
Format:Page Fidelity

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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.