Ebook856 pages18 hours
The American Business Cycle: Continuity and Change
Rating: 0 out of 5 stars
()
About this ebook
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appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.
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.
Read more from Robert J. Gordon
The Measurement of Durable Goods Prices Rating: 0 out of 5 stars0 ratingsSouth Africa's Dreams: Ethnologists and Apartheid in Namibia Rating: 0 out of 5 stars0 ratings
Related to The American Business Cycle
Titles in the series (100)
Economics of Means-Tested Transfer Programs in the United States, Volume I Rating: 0 out of 5 stars0 ratingsEconomics of Means-Tested Transfer Programs in the United States, Volume II Rating: 0 out of 5 stars0 ratingsCapital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences Rating: 0 out of 5 stars0 ratingsShared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-Based Stock Options Rating: 0 out of 5 stars0 ratingsHigh-Skilled Migration to the United States and Its Economic Consequences Rating: 0 out of 5 stars0 ratingsThe Decline of Latin American Economies: Growth, Institutions, and Crises Rating: 0 out of 5 stars0 ratingsExchange Rate Theory and Practice Rating: 0 out of 5 stars0 ratingsAfrican Successes, Volume III: Modernization and Development Rating: 0 out of 5 stars0 ratingsAfrican Successes, Volume I: Government and Institutions Rating: 0 out of 5 stars0 ratingsThe American Business Cycle: Continuity and Change Rating: 0 out of 5 stars0 ratingsThe Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies Rating: 0 out of 5 stars0 ratingsAfrican Successes, Volume II: Human Capital Rating: 0 out of 5 stars0 ratingsThe United States in the World Economy Rating: 0 out of 5 stars0 ratingsThe Economics of Crime: Lessons For and From Latin America Rating: 0 out of 5 stars0 ratingsThe Economics of Artificial Intelligence: An Agenda Rating: 0 out of 5 stars0 ratingsCoordination and Information: Historical Perspectives on the Organization of Enterprise Rating: 0 out of 5 stars0 ratingsEconomic Dimensions of Personalized and Precision Medicine Rating: 0 out of 5 stars0 ratingsThe Economics of Poverty Traps Rating: 0 out of 5 stars0 ratingsAccelerating Energy Innovation: Insights from Multiple Sectors Rating: 0 out of 5 stars0 ratingsAfrican Successes, Volume IV: Sustainable Growth Rating: 0 out of 5 stars0 ratingsMexican Immigration to the United States Rating: 0 out of 5 stars0 ratingsThe Changing Frontier: Rethinking Science and Innovation Policy Rating: 0 out of 5 stars0 ratingsFiscal Policy after the Financial Crisis Rating: 5 out of 5 stars5/5Asset Prices and Monetary Policy Rating: 5 out of 5 stars5/5G7 Current Account Imbalances: Sustainability and Adjustment Rating: 0 out of 5 stars0 ratingsCapital Flows and the Emerging Economies: Theory, Evidence, and Controversies Rating: 0 out of 5 stars0 ratingsCapitalizing China Rating: 0 out of 5 stars0 ratingsHealth Care Issues in the United States and Japan Rating: 0 out of 5 stars0 ratingsEconomic Regulation and Its Reform: What Have We Learned? Rating: 0 out of 5 stars0 ratingsThe Risks of Financial Institutions Rating: 1 out of 5 stars1/5
Related ebooks
Misalignment of Exchange Rates: Effects on Trade and Industry Rating: 0 out of 5 stars0 ratingsWorks Councils: Consultation, Representation, and Cooperation in Industrial Relations Rating: 0 out of 5 stars0 ratingsA Retrospective on the Bretton Woods System: Lessons for International Monetary Reform Rating: 0 out of 5 stars0 ratingsCorporate Capital Structures in the United States Rating: 0 out of 5 stars0 ratingsPolitics and Economics in the Eighties Rating: 0 out of 5 stars0 ratingsThe Transition in Eastern Europe, Volume 1 Rating: 4 out of 5 stars4/5Studies in the Economics of Aging Rating: 0 out of 5 stars0 ratingsMergers and Acquisitions Rating: 5 out of 5 stars5/5Corporate Takeovers: Causes and Consequences Rating: 0 out of 5 stars0 ratingsThe Effects of Taxation on Capital Accumulation Rating: 0 out of 5 stars0 ratingsTrade with Japan: Has the Door Opened Wider? Rating: 0 out of 5 stars0 ratingsFinancial Aspects of the United States Pension System Rating: 5 out of 5 stars5/5The Transition in Eastern Europe, Volume 2: Restructuring Rating: 5 out of 5 stars5/5The Economics of Aging Rating: 0 out of 5 stars0 ratingsJapanese Monetary Policy Rating: 0 out of 5 stars0 ratingsPensions in the U.S. Economy Rating: 0 out of 5 stars0 ratingsReform, Recovery, and Growth: Latin America and the Middle East Rating: 0 out of 5 stars0 ratingsGlobalization in Historical Perspective Rating: 0 out of 5 stars0 ratingsThe Effects of U.S. Trade Protection and Promotion Policies Rating: 0 out of 5 stars0 ratingsTopics in the Economics of Aging Rating: 0 out of 5 stars0 ratingsA Prelude to the Welfare State: The Origins of Workers' Compensation Rating: 0 out of 5 stars0 ratingsWhen Public Sector Workers Unionize Rating: 0 out of 5 stars0 ratingsThe International Transmission of Inflation Rating: 4 out of 5 stars4/5Wages and Labor Markets in the United States, 1820-1860 Rating: 0 out of 5 stars0 ratingsStudies of Supply and Demand in Higher Education Rating: 5 out of 5 stars5/5Studies in State and Local Public Finance Rating: 4 out of 5 stars4/5The Political Economy of American Trade Policy Rating: 0 out of 5 stars0 ratingsPensions, Labor, and Individual Choice Rating: 0 out of 5 stars0 ratingsInflation: Causes and Effects Rating: 0 out of 5 stars0 ratingsImmigration, Trade, and the Labor Market Rating: 0 out of 5 stars0 ratings
Business For You
Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5Robert's Rules Of Order Rating: 5 out of 5 stars5/5The Catalyst: How to Change Anyone's Mind Rating: 4 out of 5 stars4/5Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5Lying Rating: 4 out of 5 stars4/5Collaborating with the Enemy: How to Work with People You Don’t Agree with or Like or Trust Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5High Conflict: Why We Get Trapped and How We Get Out Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Leadership and Self-Deception: Getting out of the Box Rating: 4 out of 5 stars4/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Emotional Intelligence: Exploring the Most Powerful Intelligence Ever Discovered Rating: 5 out of 5 stars5/5Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice Rating: 4 out of 5 stars4/5The Everything Guide To Being A Paralegal: Winning Secrets to a Successful Career! Rating: 5 out of 5 stars5/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5How to Get Ideas Rating: 5 out of 5 stars5/5
Reviews for The American Business Cycle
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
The American Business Cycle - Robert J. Gordon
Enjoying the preview?
Page 1 of 1