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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.

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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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YOSHIHIRO MARUYAMA is Professor Emeritus at the University of Tsukuba, Japan. He has also held positions as Associate Professor at Kyoto University, Japan, Lecturer at Essex University, UK, and Assistant Professor at the University of Massachusetts, USA. Previous posts include work as Advisor at the International Institute of Applied Systems Analysis, and as Policy Advisor in the National Development Planning Agency in the Government of Indonesia.

TADASHI SONODA is Associate Professor at Nagoya University, Japan. Previously published works include ´Effects of the Internal Rate of Wage on Output Supply´, and ´A System Comparison Approach to Distinguish Two Non-Separable and Non-Nested Agricultural Household Models´.

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