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Money, Employment, and Interest Shozaburo Fujino
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Money, Employment, and Interest
Shozaburo Fujino
This study argues that demand restrictions and involuntary unemployment arise from asymmetries between demand and supply in a monetary economy, and between the abilities of the firm and the household to adjust to market conditions. Fujino discusses the behavior of firms under uncertain demand;
analyzes output-inventory, output-backlog, and fixed investment decisions; evaluates the approach to macroeconomic behavior of output and prices by means of aggregate supply functions; and details liquidity-preference and loanable funds theories of interest.
| Media | Books Hardcover Book (Book with hard spine and cover) |
| Released | December 29, 1988 |
| ISBN13 | 9784314004640 |
| Publishers | Oxford University Press |
| Pages | 232 |
| Dimensions | 140 × 220 × 18 mm · 476 g |
| Language | English |
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