LEADER 04726oam 2200709 a 450 001 9910777500203321 005 20231023212608.0 010 $a1-281-12568-7 010 $a9786611125684 010 $a0-226-30459-0 024 7 $a10.7208/9780226304595 035 $a(CKB)1000000000412356 035 $a(EBL)408490 035 $a(OCoLC)648336227 035 $a(SSID)ssj0000356539 035 $a(PQKBManifestationID)11256510 035 $a(PQKBTitleCode)TC0000356539 035 $a(PQKBWorkID)10349538 035 $a(PQKB)10587516 035 $a(SSID)ssj0000101934 035 $a(PQKBManifestationID)12034205 035 $a(PQKBTitleCode)TC0000101934 035 $a(PQKBWorkID)10043342 035 $a(PQKB)11700478 035 $a(MiAaPQ)EBC408490 035 $a(DE-B1597)535737 035 $a(OCoLC)824142076 035 $a(DE-B1597)9780226304595 035 $a(Au-PeEL)EBL408490 035 $a(CaPaEBR)ebr10210022 035 $a(CaONFJC)MIL112568 035 $a(EXLCZ)991000000000412356 100 $a20081215h19901986 uy 0 101 0 $aeng 135 $aurnn#---|u||u 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 04$aThe American business cycle $econtinuity and change /$fedited by Robert J. Gordon 205 $aPbk. ed. 210 1$aChicago :$cUniversity of Chicago Press,$d1990. 210 4$dİ1986 215 $a1 online resource (xiv, 868 pages) $cillustrations 225 1 $aStudies in business cycles 311 0 $a0-226-30453-1 311 0 $a0-226-30452-3 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tContents --$tPrefatory Note --$tIntroduction: Continuity and Change in Theory, Behavior, and Methodology --$tTribute to Ott() Eckstein --$t1. The Mechanism.s of the Business Cycle in the Postwar Era --$t2. Are Business Cycles All Alike? --$t3. Inventory Fluctuations in the United States since 1929 --$t4. The Role of Consumption in Economic Fluctuations --$t5. Fixed Investment in the American Business Cycle, 1919-83 --$t6. The Behavior of United States Deficits --$t7. Money, Credit, and Interest Rates in the Business Cycle --$t8. The Open Economy: Implications for Monetary and Fiscal Policy --$t9. Major Changes in Cyclical Behavior --$t10. The Cyclical Behavior of Industrial Labor Markets: A Comparison of the Prewar and Postwar Eras --$t11. Improvements in Macroeconomic Stability: The Role of Wages and Prices --$t12. The Changing Cyclical Variability of Economic Activity in the United States --$tAppendix A: The Development and Role of the National Bureau of Economic Research's Business Cycle Chronologies --$tAppendix B: Historical Data --$tContributors --$tParticipants --$tAuthor Index --$tSubject Index 330 $aIn recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series. 410 0$aStudies in business cycles ;$v25. 606 $aBusiness cycles$zUnited States 615 0$aBusiness cycles 676 $a338.542 701 $aGordon$b Robert J$g(Robert James),$f1940-$047286 712 12$aNational Bureau of Economic Research Conference on Business Cycles$f(1984 :$ePuerto Rico) 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910777500203321 996 $aThe American business cycle$93765554 997 $aUNINA