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Книга American Business Cycle Robert J. Gordon

American Business Cycle

Continuity and Change

Автор: Robert J. Gordon
Език: Английски език
Корици: С меки корици
Издател: The University of Chicago Press
Наличност: Външен склад
Изпращаме след 14-21 дни
116.64 € 228.13 лв
In recent decades the American economy has experienced the worst peace-time inflation in its history...

Информация за книгата

Автор
Robert J. Gordon
Език
Английски език
Корици
Книга - С меки корици
Издадена
1990
страници
882
EAN
9780226304533
ISBN
0226304531
Enbook ID
04545273
Издател
The University of Chicago Press
Теглоt
1298
Размери
152 x 232 x 54

Пълно описание

In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are like the beat of the heart, of the essence of the organism that displays them. In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.

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