Is U.S. economic growth over? Faltering innovation confronts the six headwinds by Robert J. Gordon published by NBER (08/2012), indicated by Alvaro Manoel. “This paper raises basic questions about the process of economic growth. It questions the assumption, nearly…
Paper by Roger Gordon presents reflections based on experience in China, discussing public finance and economic development. Moreover, the paper argues that “undertake only partial reforms that yield some growth but also help preserve the existing tax base” can…
The paper “Is Modern Macro or 1978-era Macro More relevant to the understanding of the current Economic Crisis?”, by Robert J. Gordon (Northwestern University, NBER, CEPR) , provides a fundamental critique of Dynamic Stochastic General Equilibrium models and the…