{"product_id":"macroeconomics-and-the-japanese-economy-0198233264","title":"Macroeconomics and the Japanese Economy","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 0198233264\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Yoshikawa, Hiroshi\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eThis work proposes a new approach to macroeconomics which draws upon the experience of the Japanese economy. The approach is similar to the Old Keynesian view: it rejects the Walrasian approach, and singles out real demand as the fundamental determinant of output in the economy as a whole. However, by maintaining that real demand constraints are important not only in the short-run, but in the long-run as well, it goes beyond what is normally understood as the Keynesian approach. It is also very different from the New Keynesian Economics; in particular, it regards the rigidity of nominal wages\/prices as of secondary importance. The work is extensively illustrated by almost 200 figures and tables of data.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51667094110496,"sku":"NEW0198233264","price":278.89,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0980\/7426\/3840\/files\/61K6cRRJG4L.jpg?v=1778957967","url":"https:\/\/miakarts.com\/products\/macroeconomics-and-the-japanese-economy-0198233264","provider":"Miakarts Books","version":"1.0","type":"link"}