Martin L Parkinson
Biographic Data
| ID | 5868468 |
|---|---|
| NAME | Martin L Parkinson |
| GIVEN NAMES | Martin L |
| FAMILY NAME | Parkinson |
| SIGNATURE | PARKINSON M L |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 2 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1990 |
| LATEST PUBLICATION YEAR | 1991 |
| H-INDEX | 1 |
Procyclical Labor Productivity and Competing Theories of the Business Cycle
We study the phenomenon of short-run increasing returns to labor (SRIRL) in a sample of 10 interwar U.S. manufacturing industries. Our main findings are that SRIRL was common in the interwar period and that the pattern of SRIRL across industries was similar to that observed in the postwar period. We argue that, since presumably the Depression was not caused by technical regress, these findings are inconsistent with the claim of real business cycl…
Procyclical Labor Productivity and Competing Theories of the Business Cycle
Each of the main explanations of procyclical labor productivity, or short-run increasing returns to labor (SRIRL), is closely associated with a competing theory of the business cycle: Real business cycle theorists attribute SRIRL to procyclical technological shocks, proponents of recent theories based on non-convexities believe that SRIRL reflects true increasing returns, and Keynesians favor a labor hoarding explanation. Thus evidence on the sou…
Procyclical Labor Productivity and Competing Theories of the Business Cycle
We study the phenomenon of short-run increasing returns to labor (SRIRL) in a sample of 10 interwar U.S. manufacturing industries. Our main findings are that SRIRL was common in the interwar period and that the pattern of SRIRL across industries was similar to that observed in the postwar period. We argue that, since presumably the Depression was not caused by technical regress, these findings are inconsistent with the claim of real business cycl…
Procyclical Labor Productivity and Competing Theories of the Business Cycle
Each of the main explanations of procyclical labor productivity, or short-run increasing returns to labor (SRIRL), is closely associated with a competing theory of the business cycle: Real business cycle theorists attribute SRIRL to procyclical technological shocks, proponents of recent theories based on non-convexities believe that SRIRL reflects true increasing returns, and Keynesians favor a labor hoarding explanation. Thus evidence on the sou…
Procyclical Labor Productivity and Competing Theories of the Business Cycle
Each of the main explanations of procyclical labor productivity, or short-run increasing returns to labor (SRIRL), is closely associated with a competing theory of the business cycle: Real business cycle theorists attribute SRIRL to procyclical technological shocks, proponents of recent theories based on non-convexities believe that SRIRL reflects true increasing returns, and Keynesians favor a labor hoarding explanation. Thus evidence on the sou…
Procyclical Labor Productivity and Competing Theories of the Business Cycle
We study the phenomenon of short-run increasing returns to labor (SRIRL) in a sample of 10 interwar U.S. manufacturing industries. Our main findings are that SRIRL was common in the interwar period and that the pattern of SRIRL across industries was similar to that observed in the postwar period. We argue that, since presumably the Depression was not caused by technical regress, these findings are inconsistent with the claim of real business cycl…
Business cycle (2 works) · Economic Growth and Productivity (2 works) · Economics (2 works) · Fiscal Policy and Economic Growth (2 works) · Great Depression (2 works) · Interwar period (2 works) · Keynesian economics (2 works) · Labour economics (2 works) · Law (2 works) · Macroeconomics (2 works)