| Description |
1 online resource (xii, 504 pages) : illustrations |
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illustration |
| Contents |
Introduction -- pt. 1. The history, theory, and measurement of productivity growth. Introduction -- Does the "new economy" measure up to the great inventions of the past?: -- Interpreting the "one big wave" in U.S. long-term productivity growth -- The disappearance of productivity change -- The concept of capital -- Is there a tradeoff between unemployment and productivity growth? -- Forward into the past : productivity retrogression in the electric generating industry -- pt. 2. Interpreting productivity fluctuations over the business cycle. Introduction -- Fresh water, salt water, and other macroeconomic elixirs -- Are procyclical productivity fluctuations a figment of measurement error? -- The jobless recovery : does it signal a new era of productivity-led growth? -- pt. 3. The theory of the inflation-unemployment tradeoff. Introduction -- Alternative responses of policy to external supply shocks -- Supply shocks and monetary policy revisited -- The theory of domestic inflation -- The Phillips curve now and then -- pt. 4. Empirical studies of inflation dynamics in the United States -- pt. 4. Introduction -- Can the Inflation of the 1970s be explained? -- The output cost of disinflation in traditional and vector autoregressive models / with Stephen R. King -- German and American wage and price dynamics : differences and common themes / with Wolfgang Franz -- Foundations of the goldilocks economy : supply shocks and the time-varying NAIRU |
| Summary |
The 17 seminal essays by Robert J. Gordon collected here, including three previously unpublished works, offer views on the principal topics of macroeconomics - namely, growth, inflation, and unemployment. The author re-examines their salient points in a creative, accessible introduction that serves on its own as an introduction to modern macroeconomics |
| Bibliography |
Includes bibliographical references and indexes |
| Notes |
English |
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Print version record |
| Subject |
Economics.
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Macroeconomics.
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Economic development.
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Employment (Economic theory)
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Industrial productivity.
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Economics
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Employment
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economics.
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economic development.
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employing.
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POLITICAL SCIENCE -- Economic Conditions.
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BUSINESS & ECONOMICS -- Economics -- Macroeconomics.
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Economic development
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Economic policy
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Economics
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Employment (Economic theory)
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Industrial productivity
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Macroeconomics
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Productiviteit.
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Inflatie.
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Werkloosheid.
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Economische groei.
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United States -- Economic policy.
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United States
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| Form |
Electronic book
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| LC no. |
2002035080 |
| ISBN |
9780511616587 |
|
0511616589 |
|
0511187629 |
|
9780511187629 |
|
0521800080 |
|
9780521800082 |
|
052153142X |
|
9780521531429 |
|
0511184956 |
|
9780511184956 |
|
0511185782 |
|
9780511185786 |
|
9780511186691 |
|
051118669X |
|
1280449519 |
|
9781280449512 |
|
9786610449514 |
|
6610449511 |
|
0511313683 |
|
9780511313684 |
|
1107143705 |
|
9781107143708 |
|
