| Description |
1 online resource (xii, 504 pages) : illustrations |
|
data file |
| Physical Medium |
polychrome |
| Bibliography |
Includes bibliographical references and indexes. |
| 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The 17 seminal essays by Robert J. Gordon collected here, including three previously unpublished works, offer views on the principal topics of macroeconomics - namely, growth, inflation, and unemployment.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. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Language |
English. |
| Subject |
Economics.
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Economics. |
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Macroeconomics.
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Macroeconomics. |
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Economic development.
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Economic development. |
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Employment (Economic theory)
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Employment (Economic theory) |
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Industrial productivity.
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Industrial productivity. |
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United States -- Economic policy.
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United States. |
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Economic policy. |
| Genre/Form |
Electronic books.
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Electronic books.
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| Other Form: |
Print version: Gordon, Robert J. (Robert James), 1940- Productivity growth, inflation, and unemployment. Cambridge, UK ; New York : Cambridge University Press, 2004 0521800080 (DLC) 2002035080 (OCoLC)50756036 |
| ISBN |
9780511616587 (electronic book) |
|
0511616589 (electronic book) |
|
0511187629 |
|
9780511187629 |
|
0521800080 |
|
9780521800082 |
|
052153142X (paperback) |
|
9780521531429 (paperback) |
|
0511184956 (electronic book) |
|
9780511184956 (electronic book) |
|
0511185782 (electronic book) |
|
9780511185786 (electronic book) |
|
9780511186691 (electronic book) |
|
051118669X (electronic book) |
|
1280449519 |
|
9781280449512 |
|
9786610449514 |
|
6610449511 |
|
0511313683 |
|
9780511313684 |
|
