Industrial Market Structure and Economic Performance
Industrial Market Structure and Economic Performance

Author: Frederic M. Scherer

Publisher:

Published: 1990

Total Pages: 744

ISBN-13:

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This text has been revised to reflect theoretical, empirical, and policy developments of the past decade. New insights into strategic behaviour from game theory are given attention. The chapters on antitrust policy have been integrated with the related theoretical materials.

Cyclical Productivity in US Manufacturing (RLE: Business Cycles)
Cyclical Productivity in US Manufacturing (RLE: Business Cycles)

Author: Miguel Jimenez

Publisher: Routledge

Published: 2015-03-27

Total Pages: 113

ISBN-13: 1317512103

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This book presents several pieces of empirical work which disentangle why the standard measure of productivity growth used in macroeconomics turn out to be procyclical for American manufacturing industries. Procyclical productivity is an essential feature of business cycles because of its important implications for macroeconomic modelling. The author explains why traditional Keynesian theories of the business cycle do not explain satisfactorily why productivity is procyclical, and argues that the force of technology for generating economic cycles is much more important than that of the management or mismanagement of monetary or fiscal policies. This book is aimed at those working in empirical macroeconomics but also industrial economics.