LIBROS DEL AUTOR: hajime hori

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  • Business Cycle Dynamics and Stabilization Policies
    Hajime Hori
    This monograph is devoted to the analysis of the dynamics of business cycles and stabilization policies. The analysis is conducted in models of the AS-AD type, focusing on involuntary unemployment and capital accumulation. Major conclusions are the following. (1) Sectoral imbalances, once emphasized by such business-cycle theorists as K. Marx, A. Spiethoff, and F.A. Hayek, are ...
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