Three Essays on Productivity RLE Business Cycles is popular PDF and ePub book, written by Mark J. Lasky in 2015-03-27, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Three Essays on Productivity RLE Business Cycles can be Read Online from any device for your convenience.
Three Essays on Productivity RLE Business Cycles Book PDF Summary
The behaviour of US productivity since this book was originally publishedin 1994, has added new relevance to the relationship between profits and productivity. In the long run, productivity growth determines the economic standard of living. This book is divided into three parts: the basis of the first is the empirical finding that, controlling for normal business cycle effects, productivity grows faster when profits have been low than otherwise. The second part discusses how to measure marginal cost using time series data and the third tests a basic assumption that productivity growth is exogenous to labour and capital.
Detail Book of Three Essays on Productivity RLE Business Cycles PDF
- Author : Mark J. Lasky
- Release : 27 March 2015
- Publisher : Routledge
- ISBN : 9781317502524
- Genre : Business & Economics
- Total Page : 190 pages
- Language : English
- PDF File Size : 15,5 Mb
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