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Productivity Growth, Inflation, and Unemployment

Productivity Growth, Inflation, and Unemployment
Author: Robert James Gordon
Publisher: Cambridge University Press
Total Pages: 520
Release: 2004
Genre: Business & Economics
ISBN: 9780521531429

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Publisher Description


The American Economy

The American Economy
Author: United States. Panel on the American Economy: Employment, Productivity, and Inflation
Publisher:
Total Pages: 100
Release: 1981
Genre: Industrial productivity
ISBN:

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Growth, Productivity, Unemployment

Growth, Productivity, Unemployment
Author: Robert M. Solow
Publisher: MIT Press
Total Pages: 262
Release: 1990
Genre: Business & Economics
ISBN: 9780262041102

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The essays in this book extend and elaborate on many of the important ideas Solow has either originated or developed in the past three decades.


Focus on Economic Growth and Productivity

Focus on Economic Growth and Productivity
Author: L. A. Finley
Publisher: Nova Publishers
Total Pages: 206
Release: 2005
Genre: Business & Economics
ISBN: 9781594542725

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By 'economic growth' economists mean, in the first place, annual increases in the nation's total output of goods and services -- its national product. Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Economic growth and the productivity are impacted by individual enterprises, industrial sectors and the wider economy. The standard of living of a country is profoundly effected by economic growth and productivity. One of the key questions within the debate on economic growth and productivity is the effect of information technology on the system. This new book presents leading edge research on this exciting topic.


More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies

More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies
Author: Mr.Gee Hee Hong
Publisher: International Monetary Fund
Total Pages: 44
Release: 2018-03-09
Genre: Business & Economics
ISBN: 1484345355

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Nominal wage growth in most advanced economies remains markedly lower than it was before the Great Recession of 2008–09. This paper finds that the bulk of the wage slowdown is accounted for by labor market slack, inflation expectations, and trend productivity growth. In particular, there appears to be greater slack than meets the eye. Involuntary part-time employment appears to have weakened wage growth even in economies where headline unemployment rates are now at, or below, their averages in the years leading up to the recession.


Where Did the Productivity Growth Go?

Where Did the Productivity Growth Go?
Author: Ian Dew-Becker
Publisher:
Total Pages: 104
Release: 2006
Genre: Income
ISBN:

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In addition to its micro analysis, this paper also asks whether faster productivity growth reduces inflation, raises nominal wage growth, or raises profits. We find that an acceleration or deceleration of the productivity growth trend alters the inflation rate by at least one-for-one in the opposite direction. This paper revives research on wage adjustment and produces a dynamic interactive model of price and wage adjustment that explains movements of labor's share of income.


Employment and Economic Performance

Employment and Economic Performance
Author: Jonathan Michie
Publisher: OUP Oxford
Total Pages: 284
Release: 1997
Genre: Business & Economics
ISBN: 9780198290933

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From a post-war assumption that full employment could be maintained through demand management techniques, we now live in an entirely different world. The contributors to this volume consider whether full employment is possible or affordable.


Productivity Growth and the Phillips Curve

Productivity Growth and the Phillips Curve
Author: Laurence M. Ball
Publisher:
Total Pages: 50
Release: 2001
Genre: Economics
ISBN:

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We present a model in which workers' aspirations for wage increases adjust slowly to shifts in productivity growth. The model yields a Phillips curve with a new variable: the gap between productivity growth and an average of past wage growth. Empirically, this variable shows up strongly in the U.S. Phillips curve. Including it explains the otherwise puzzling shift in the unemployment-inflation tradeoff since 1995


The Overburdened Economy

The Overburdened Economy
Author: Lloyd J. Dumas
Publisher: Univ of California Press
Total Pages: 316
Release: 1986
Genre: Business & Economics
ISBN: 9780520061699

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Argues that the American economy has continued to decine since the late 1960s and includes ideas for America's revitalization.