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Price inertia and policy ineffectiveness in the United States, 1890-1980

Gordon, Robert J. - 1981

Persistent link: https://www.econbiz.de/10002470688

Using monetary control to dampen the business cycle : a new set of first principles

Gordon, Robert J. - 1983

Persistent link: https://www.econbiz.de/10001471116

Using Monetary Control to Dampen the Business Cycle : A New Set of First Principles

Gordon, Robert J. - 2022

This paper reviews the main characteristics of cyclical behavior in the postwar U. S. economy and reviews the arguments …

Persistent link: https://www.econbiz.de/10013323555

Price Inertia and Policy Ineffectiveness in the United States, 1890-1980

Gordon, Robert J. - 2022

This paper introduces a new approach to the empirical testing of the Lucas- Sargent-Wallace (LSW) "policy ineffectiveness proposition." Instead of testing that hypothesis in isolation from any plausible alternative, the paper develops a single empirical equation explaining price change that...

Persistent link: https://www.econbiz.de/10013308508

Five puzzles in the behavior of productivity, investment, and innovation

Gordon, Robert J. - 2004

Persistent link: https://www.econbiz.de/10002178696

Does the "new economy" measure up to the great inventions of the past?

Gordon, Robert J. - 2000

Persistent link: https://www.econbiz.de/10001499821

Five Puzzles in the Behavior of Productivity, Investment, and Innovation

Gordon, Robert J. - 2021

(1) Whatever happened to the cyclical effect? Skeptics were justified on the basis of data through the end of 1999 in their claim that part of the post-1995 productivity growth revival reflected the normal cyclical correlation between productivity and output growth. In contrast data through...

Persistent link: https://www.econbiz.de/10013215683

Does the "New Economy" Measure Up to the Great Inventions of the Past?

Gordon, Robert J. - 2021

exceeding that of the golden age' of 1913-72. Accordingly many observers have declared the New Economy' (the Internet and the … types of durables. There is no revival of productivity growth in the 88 percent of the private economy lying outside of … durables; in fact when the contribution of massive investment in computers in the nondurable economy is subtracted, MFP growth …

Persistent link: https://www.econbiz.de/10013226064