期刊全称 | Bad Breaks in Real GDP and Employment | 期刊简称 | Exploring the Persis | 影响因子2023 | Harrison C. Hartman | 视频video | | 发行地址 | Explores the economics of employment, real GDP, and aggregate demand.Analyzes aggregate demand in the context of economic recessions and insufficient recoveries.Breaks down the economic importance of | 图书封面 |  | 影响因子 | .Why do policymakers allow economies to settle into a “new normal” after a bad break in the economy rather than try to return the economy to its previous trend? In this book, economist Harrison C. Hartman discusses some of the variables that impact a nation’s ability to recover from negative aggregate demand shocks...Spanning total real GDP, per capita real GDP, and nonfarm payroll employment in the USA, the book emphasizes the role of aggregate demand shocks in causing the US economy to fail to return to trend. The resulting book challenges modern mainstream macroeconomic theories and highlights the complexities of post-recession recovery. The chapters provide econometric evidence both for and against the impact of aggregate demand on real GDP and employment levels in the long run...Hartman studies modern macroeconomic theories related to economic resilience and demand using (a) the velocity of money and the equation of exchange and (b) econometric analysis to dissect modern macroeconomic theories related to economic resilience and demand. The book provides methods to estimate and evaluate trends, and after simple methods for estimating trend and discussing associated results, the | Pindex | Book 2024 |
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