University of Chicago Press
The American Business Cycle: Continuity and Change
Key Metrics
- Robert J Gordon
- University of Chicago Press
- Paperback
- 9780226304533
- 9.03 X 6.08 X 1.91 inches
- 2.2 pounds
- Business & Economics > Economics - Microeconomics
- English
Secure TransactionBook Description
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appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.
Author Bio
Robert Gordon is a macroeconomist with a particular interest in unemployment, inflation, and both the long-run and cyclical aspects of labor productivity. He is the author of a textbook in intermediate macroeconomics, now in its 12th edition, and has completed a new book, The Rise and Fall of American Growth, published by the Princeton University Press in January, 2016. He is a Fellow of the Econometric Society and the American Academy of Arts and Sciences.
In 2014 he was elected as a Distinguished Fellow of the American Economic Association. In 2016 he was named by Bloomberg as one of the 50 most influential people in the world. For more than three decades, he has been a member of the National Bureau of Economic Research's Business Cycle Dating Committee, which determines the start and end dates for recessions in the United States.
Source: Northwestern University
Videos
No Videos
Community reviews
Write a ReviewNo Community reviews