영문목차
Foreword by Robert M. Solow=ⅸ
Preface=xi
Introduction=1
PART ONE. THE HISTORY, THEORY, AND MEASUREMENT OF PRODUCTIVITY GROWTH=7
Part One. Introduction=7
1. Does the "New Economy" Measure Up to the Great Inventions of the Past?=22
2. Interpreting the "One Big Wave" in U.S. Long-term Productivity Growth=50
3. The Disappearance of Productivity Change=90
4. The Concept of Capital=134
5. Is There a Tradeoff between Unemployment and Productivity Growth=143
6. Forward into the Past:Productivity Retrogression in the Electric Generating Industry=172
PART TWO. INTERPRETING PRODUCTIVITY FLUCTUATIONS OVER THE BUSINESS CYCLE=219
Part Two. Introduction=219
7. Fresh Water, Salt Water, and Other Macroeconomic Elixirs=226
8. Are Procyclical Productivity Fluctuations a Figment of Measurement Error?=239
9. The Jobless Recovery:Does It Signal a New Era of Productivity-Led Growth=273
PART THREE. THE THEORY OF THE INFLATION-UNEMPLOYMENT TRADEOFF=305
Part Three. Introduction=305
10. Alternative Responses of Policy to External Supply Shocks=313
11. Supply Shocks and Monetary Policy Revisited=332
12. The Theory of Domestic Inflation=340
13. The Phillips Curve Now and Then=349
PART FOUR. EMPIRICAL STUDIES OF INFLATION DYNAMICS IN THE UNITED STATES=359
Part Four. Introduction=359
14. Can the Inflation of the 1970s be Explained?=367
15. The Output Cost of Disinflation in Traditional and Vector Autoregressive Models/Stephen R. King=389
16. German and American Wage and Price Dynamics:Differences and Common Themes/Wolfgang Franz=420
17. Foundations of the Goldilocks Economy:Supply Shocks and the Time-Varying NAIRU=457
Subject Index=489
Author Index=501