Transformational Growth and the Business Cycle (eBook, ePUB)

Redaktion: Nell, Edward

• Format: ePub

Produktbeschreibung

Using historical and geographic perspectives of transformational growth, this book explores market adjustments in two distinct periods, 1870-1914 and 1945-the present, focusing on the US, the UK, Canada, Germany, Japan and Argentina.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 384
• Erscheinungstermin: 27. September 2005
• Englisch
• ISBN-13: 9781134752324
• Artikelnr.: 39264868

Autorenporträt

Edward Nell is Matthew B. Smith Professor of Economics at the New School for Social Research, New York. He is the author of Making Sense of a Changing Economy, (Routledge, 1996).

Inhaltsangabe

PART I The idea of Transformational Growth 1 From craft to mass production
The changing character of market adjustment 2 Methods and methodology in
historical macroeconomics PART II Industrial history 3 The US economy
during World War II 4 Transformational Growth and the merger movement from
1895 to 1904 Some theoretical, empirical and historical evidence PART III
Studies of stylized facts 5 Transformational Growth and the business cycle
6 UK Business cycles Stylized facts and the marginal cost/marginal
productivity debate 7 Product wages and the elasticities of effective
demand in the United States during the old and the new business cycles 8
Price v. output adjustments The changing nature of the business cycle in
Germany, 1871-1989 9 Transformational Growth in Japan 10 Argentina
Transformational Growth in the absence of the new cycle 11 Canada and
Argentina A comparison PART IV Implications for economic analysis 12 On
Transformational Growth 13 Conclusion