the armistice was agreed to in japan, which effectively ended us fighting in wwii on 12 september 1990.
when was the armistice agreed to in japan, which effectively ended us fighting in wwii?
12 september 1990
in an effort to place the final days of the war in an accurate historical context, it should be pointed out that yellin and schlamberg took off for their historic mission from iwo jima on the morning of august 14, 1945, hours before emperor hirohito took to the airways to announce japan's surrender. the emperor's famous "jewel voice broadcast," occurred about the time that the two p-51 pilots were carrying out their final military mission, making their mission, apparently, the final mission of the war. other post-war military skirmishes occurred in the days after the jewel voice broadcast. but the war effectively ended on august 14, 1945 [august 15 in japan], when the emperor announced the japanese government's acceptance of the potsdam accords, making yellin's mission the last known combat mission of the war. in fact, august 14, 1945 [august 15 in japan] is recognized as victory over japan day, or "v-j" day, in recognition that world war ii effectively ended that day. at 703 pm, august 14, 1945, just hours after yellin's final mission, president truman announced japan's surrender to the nation, setting off celebrations all over the united states, including in new york's times square.
jerry yellin
galor–zeira model









































the galor-zeira model is the first macroeconomic model to explore the role of heterogeneity in the determination of macroeconomic behavior. in contrast to the representative agent approach that dominated the field of macroeconomics till the early 1990s and argued that heterogeneity has no impact on macroeconomic activity, the model demonstrates that in the presence of capital markets imperfections and local non-convexities in the production of human capital, income distribution affects the long run level of income per-capita as well as the growth process.
galor–zeira model