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Productivity Growth, Inflation, and Unemployment: The Collected Essays of Robert J. Gordon
 
 
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Productivity Growth, Inflation, and Unemployment: The Collected Essays of Robert J. Gordon [Paperback]

Robert J. Gordon (Author), Robert M. Solow (Foreword)

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Book Description

December 15, 2003
Seventeen essays include three previously unpublished works and offer sharply etched views on the principal topics of macroeconomics: growth, inflation, and unemployment. Robert Gordon re-examines their salient points in a new accessible introduction to modern macroeconomics. Each of the four parts into which the essays are grouped also offers a new introduction. The foreword by Nobel Laureate Robert M. Solow comments on the continuing importance of these essays which date from 1968 to the present.

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Book Description

The 17 seminal essays by Robert J. Gordon collected here, including three previously unpublished works, offer sharply etched views on the principal topics of macroeconomics namely, growth, inflation, and unemployment. The author re-examines their salient points in a uniquely creative, accessible introduction that serves on its own as an introduction to modern macroeconomics. Each of the four parts into which the essays are grouped also offers a new introduction. The foreword by Nobel Laureate Robert M. Solow comments on the abiding importance of these essays drawn from 1968 to the present.

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Inside This Book (learn more)
First Sentence:
The gains to human welfare resulting from even minor increases in the rate of economic growth are enormous. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
accommodating nominal income, labor composition adjustments, nonfarm private economy, capital composition adjustments, nonfarm prices, labor fixity, compromise residual, nonfarm output, productivity deviation, benchmark quarters, observed procyclicality, piecewise trends, outlier plants, disembodied change, piecewise loglinear, productivity growth revival, trend unit labor cost, procyclical fluctuations, constant nominal income, supply shock variables, beneficial supply shocks, import price effect, vintage trend, detrended output, nonfarm business output
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, Brookings Papers, American Economic Review, Federal Reserve, World War, Bureau of Labor Statistics, Journal of Political Economy, Great Depression, United Kingdom, University of Chicago Press, National Science Foundation, Wall Street Journal, Coal Using, Milton Friedman, Review of Economic Studies, Bureau of Economic Analysis, European Economic Review, Public Policy, Survey of Current Business, Flexible Exchange Rates, Stanley Fischer, Journal of Economic Perspectives, Journal of Monetary Economics, Alternative Responses of Policy
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