Cyclical Productivity in US Manufacturing (RLE: Business Cycles): Volume 3 (Routledge Library Editions: Business Cycles) - Hardcover

Jimenez, Miguel

 
9781138858275: Cyclical Productivity in US Manufacturing (RLE: Business Cycles): Volume 3 (Routledge Library Editions: Business Cycles)
Hardcover
ISBN 10: 1138858277 ISBN 13: 9781138858275
Publisher: Routledge, 2015

Synopsis

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.

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About the Author

Miguel Jiménez

"About this title" may belong to another edition of this title.

Publisher
Routledge
Publication date
2015
Language
English
ISBN 10 
1138858277
ISBN 13 
9781138858275
Binding
Hardcover
Edition number
1
Number of pages
198

Other Popular Editions of the Same Title

9781138858299: Cyclical Productivity in US Manufacturing (RLE: Business Cycles) (Routledge Library Editions: Business Cycles)

Featured Edition

ISBN 10:  1138858293 ISBN 13:  9781138858299
Publisher: Routledge, 2017
Softcover