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Item Details
Title: THE AMERICAN BUSINESS CYCLE
CONTINUITY AND CHANGE
By: Robert James Gordon (Editor)
Format: Paperback

List price: £84.00
Our price: £75.60
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You save: £8.40
ISBN 10: 0226304531
ISBN 13: 9780226304533
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Publisher: THE UNIVERSITY OF CHICAGO PRESS
Pub. date: 1 January, 1990
Series: National Bureau of Economic Research Conference Report 25
Pages: 882
Synopsis: 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. Thesecircumstances 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appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series."
Illustrations: 75ill.149tabs.
Publication: US
Imprint: University of Chicago Press
Returns: Returnable
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ADVANCES IN MULTI-PHOTON PROCESSES AND SPECTROSCOPY, VOLUME 14 - QUANTUM CONTROL OF MOLECULAR REACTION DYNAMICS: PROCEEDINGS OF THE US-JAPAN WORKSHOP (HB)
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ANGULAR MOMENTUM: UNDERSTANDING SPATIAL ASPECTS IN CHEMISTRY AND PHYSICS AND COMPANION TO ANGULAR MOMENTUM (HB)
CHALLENGES FOR ANTHROPOLOGY IN THE AFRICAN RENAISSANCE (PB)
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MACROECONOMICS (HB)
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ORDERING AFRICA (HB)
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PICTURING BUSHMEN (HB)
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PRODUCTIVITY GROWTH, INFLATION, AND UNEMPLOYMENT
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SOUTH AFRICA''S DREAM OF EMPIRE (HB)
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