| Project/Area Number |
22730268
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Public finance/Monetary economics
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| Research Institution | Kinki University |
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Principal Investigator |
TAMAI Toshiki 近畿大学, 経済学部, 准教授 (00456584)
|
|---|
| Project Period (FY) |
2010 – 2011
|
| Project Status |
Completed (Fiscal Year 2011)
|
| Budget Amount *help |
¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2011: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2010: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
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| Keywords | 不完全競争 / 財政政策 / 経済成長 |
|---|
| Research Abstract |
This study presents a realistic model of effective demand in the monetary production economy. The study shows that the aggregate demand size affects the aggregate income and employment level. A constitutive shortage of aggregate demand brings about constitutive unemployment equilibria. The fiscal policy is effective to promote the expansion of aggregate income and employment, and raises social welfare.
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