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Author: Mark J. Lasky Publisher: Routledge ISBN: 1317502523 Category : Business & Economics Languages : en Pages : 190
Book Description
The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity. In the long run, productivity growth determines the economic standard of living. This book is divided into three parts: the basis of the first is the empirical finding that, controlling for normal business cycle effects, productivity grows faster when profits have been low than otherwise. The second part discusses how to measure marginal cost using time series data and the third tests a basic assumption that productivity growth is exogenous to labour and capital.
Author: Mark J. Lasky Publisher: Routledge ISBN: 1317502523 Category : Business & Economics Languages : en Pages : 190
Book Description
The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity. In the long run, productivity growth determines the economic standard of living. This book is divided into three parts: the basis of the first is the empirical finding that, controlling for normal business cycle effects, productivity grows faster when profits have been low than otherwise. The second part discusses how to measure marginal cost using time series data and the third tests a basic assumption that productivity growth is exogenous to labour and capital.
Author: Domenico Marchetti Publisher: Taylor & Francis ISBN: 9780815327226 Category : Business & Economics Languages : en Pages : 108
Book Description
Three essays on the ways in which business cycles affect productivity review and criticize previous research, propose an dynamic model using gross output data, and provide a decomposition of industrial productivity growth in Polish manufacturing 1992-93 indicating the importance of structural effects. Annotation copyrighted by Book News, Inc., Portland, OR
Author: James Hartley Publisher: Routledge ISBN: 1134694792 Category : Business & Economics Languages : en Pages : 684
Book Description
Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. This volume presents: * the authoritative anthology in RBC. The work contains the major articles introducing and extending the theory as well as critical literature * an extensive introduction which contains an expository summary and critical evaluation of RBC theory * comprehensive coverage and balance between seminal papers and extensions; proponents and critics; and theory and empirics. Macroeconomics is a compulsory element in most economics courses, and this book will be an essential guide to one of its major theories.
Author: Ryo Jinnai Publisher: ISBN: 9781109133264 Category : Languages : en Pages : 119
Book Description
In the third chapter, I conduct an empirical study of the so-called Japanese "lost decade," over a decade-long economic slump in the Japanese economy since early 1990s. I investigate the effect of Japanese monetary policy when short-term nominal interest rates were virtually zero. A structural break in the mid-90s was an issue in previous empirical work, but the sample period of this paper, from March 1999 to October 2006, is free from it. The main finding is that monetary policy acting through the reserve balance control during the period had real effects on the economy.
Author: Mark J. Lasky
Author: Mark J. Lasky
Author: 陳冠任
Author: John Bailey Jones
Author: Domenico Marchetti
Author: Yi Wen
Author: Gabriel Perez-Quiros
Author: James Hartley
Author: Mustakiym Ayhan Kose
Author: Won-Kyu Kim
Author: Ryo Jinnai