Cyclical Productivity in US Manufacturing (RLE: Business Cycles) - Routledge Library Editions: Business Cycles - Miguel Jimenez - Libros - Taylor & Francis Ltd - 9781138858299 - 28 de febrero de 2017
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Cyclical Productivity in US Manufacturing (RLE: Business Cycles) - Routledge Library Editions: Business Cycles 1.º edición


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This book presents several pieces of empirical work which disentangle why the standard measure of productivity growth used in macroeconomics turn out to be procyclical for American manufacturing industries. Procyclical productivity is an essential feature of business cycles because of its important implications for macroeconomic modelling. The author explains why traditional Keynesian theories of the business cycle do not explain satisfactorily why productivity is procyclical, and argues that the force of technology for generating economic cycles is much more important than that of the management or mismanagement of monetary or fiscal policies. This book is aimed at those working in empirical macroeconomics but also industrial economics.


202 pages

Medios de comunicación Libros     Paperback Book   (Libro con tapa blanda y lomo encolado)
Publicado 28 de febrero de 2017
ISBN13 9781138858299
Editores Taylor & Francis Ltd
Páginas 196
Dimensiones 150 × 220 × 10 mm   ·   294 g
Lengua Inglés  

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