WorldCat Identities

De Long, J. Bradford

Overview
Works: 101 works in 357 publications in 3 languages and 3,820 library holdings
Genres: History  Forecasts  Textbooks 
Roles: Editor, Honoree
Classifications: HB3717 1929, 338.54
Publication Timeline
Key
Publications about  J. Bradford De Long Publications about J. Bradford De Long
Publications by  J. Bradford De Long Publications by J. Bradford De Long
Most widely held works by J. Bradford De Long
The economists' voice : top economists take on today's problems ( Book )
11 editions published between 2007 and 2012 in English and held by 857 WorldCat member libraries worldwide
From the Publisher: In this valuable resource, more than thirty of the world's top economists offer innovative policy ideas and insightful commentary on our most pressing economic issues, such as global warming, the global economy, government spending, Social Security, tax reform, real estate, and political and social policy, including an extensive look at the economics of capital punishment, welfare reform, and the recent presidential elections. Contributors are Nobel Prize winners, former presidential advisers, well-respected columnists, academics, and practitioners from across the political spectrum. Joseph E. Stiglitz takes a hard look at the high cost of the Iraq War; Nobel Laureates Kenneth Arrow, Thomas Schelling, and Stiglitz provide insight and advice on global warming; Paul Krugman demystifies Social Security; Bradford DeLong presents divergent views on the coming dollar crisis; Diana Farrell reconsiders the impact of U.S. offshoring; Michael J. Boskin distinguishes what is "sense" and what is "nonsense" in discussions of federal deficits and debt; and Ronald I. McKinnon points out the consequences of the deindustrialization of America. Additional essays question whether welfare reform was successful and explore the economic consequences of global warming and the rebuilding of New Orleans. They describe how a simple switch in auto insurance policy could benefit the environment; unravel the dangers of an unchecked housing bubble; and investigate the mishandling of the lending institutions Freddie Mac and Fannie Mae. Balancing empirical data with economic theory, The Economists' Voice proves that the unique perspective of the economist is a vital one for understanding today's world
The end of influence : what happens when other countries have the money by Stephen S Cohen ( Book )
11 editions published between 2009 and 2011 in English and held by 610 WorldCat member libraries worldwide
Cohen and DeLong (regional planning and economics, U. of California, Berkeley) explore how America's international trade deficit might impact its power in the world. They illustrate the ways the US lost its money, how oil-producing and Asian manufacturing countries now hold the money, and America's relationship with China, which is the biggest holder of US debt. They discuss consequences regarding the loss of foreign policy, cultural, and industrial power. There is no bibliography. References are available online. Annotation ♭2010 Book News, Inc., Portland, OR (booknews.com)
The economists' voice 2.0 : the financial crisis, health care reform, and more by Aaron S Edlin ( Book )
4 editions published in 2012 in English and held by 295 WorldCat member libraries worldwide
"This book contains thirty-two essays written by academics, economists, presidential advisors, legal specialists, researchers, consultants, and policy makers. They tackle the plain economics and architecture of health care reform, its implications for society and the future of the health insurance industry, and the value of the health insurance subsidies and exchanges built into the law. They consider the effects of financial regulatory reform, the possibilities for ratings reform, and the issue of limiting bankers' pay. An objective examination of the financial crisis and bank bailouts results in two indispensable essays on investment banking regulation after Bear Stearns and the positives and negatives of the Paulson/Bernanke bailout. Contributors weigh the merits of future rescues and suggest alternative strategies for addressing the next financial crisis. A final section examines a unique array of topics: the stability of pension security bonds; the value of a carbon tax, especially in fostering economic and environmental sustainability; the counterintuitive perils of net neutrality; the unforeseen consequences of government debt; the meaning of the Google book search settlement; and the unexploited possibilities for profit in NFL overtime games"--Provided by publisher
Macroeconomics by J. Bradford De Long ( Book )
30 editions published between 2001 and 2009 in English and held by 273 WorldCat member libraries worldwide
This volume offers a different approach to macroeconomics. It focuses on the interest rate rather than the AS/AD diagram and includes expanded coverage of the topic of long-run growth
Global trends : 1980-2015 and beyond by J. Bradford De Long ( Book )
13 editions published between 1998 and 2000 in English and French and held by 131 WorldCat member libraries worldwide
"Excess volatility" and the German stock market, 1876-1990 by J. Bradford De Long ( Book )
14 editions published in 1992 in English and German and held by 85 WorldCat member libraries worldwide
This paper uses long-run real price and dividends series to investigate for the German stock market the questions asked of the U.S. market by Shiller (1989). It tries to determine in what periods and to what degree the German stock market has also possessed excess volatility' in the past century. It finds no evidence of excess volatility in the pre-World War I German stock market. By contrast, there is some evidence of excess volatility in the post-World War II German stock market. The role played by the German Grosbanken in the pre-World War I stock market might be the cause of low comparative volatility of German stock indices before 1914
Keynesianism, Pennsylvania Avenue style : some economic consequences of the Employment Act of 1946 by J. Bradford De Long ( Book )
9 editions published in 1996 in English and held by 81 WorldCat member libraries worldwide
The Employment Act of 1946 created the Council of Economic Advisers as an institution and serves as a convenient marker of a broader change in opinions: the assumption by the federal government of the role of stability the macro- economy. The magnitude of this shift should not be understated: before the Great Depression strong currents of macroeconomic theory held that stabiliza- tion policy was positively unwise. It solved problems in the present only by storing up deeper and more dangerous problems for the future. Yet as a result of the shift in opinions and sentiments marked by the 1946 Employment Act, no government since WWII has dared do anything other than let fiscal automatic stabilizers swing into action during recession. This may have been a significant force tending to moderate the post-WWII business cycle, but the bulk of the CEA's time and energy now and in the past has been devoted not to macroeconomic but to microeconomic issues. The CEA has been one of the few advocates of the public interest in allocative efficiency present in the government. The CEA has been more successful in its microeconomic role than many would have predicted ex ante. Its relative success can be traced to the staffing pattern set up by two strong early chairs Arthur Burns and Walter Heller who made sure that the CEA staff was largely composed of short-term appointees whose principal loyalties were to the discipline of economics and who were less vulnerable to the processes that block pressure for allocative efficiency in other parts of the government
Between meltdown and moral hazard : the international monetary and financial policies of the Clinton administration by J. Bradford De Long ( Book )
10 editions published in 2001 in English and held by 79 WorldCat member libraries worldwide
We review and analyze the monetary and financial policies of the Clinton administration with a focus on the strong dollar policy, the Mexican rescue, the response to the Asian crisis, and the debate over reform of the international financial architecture. While we consider the role of ideas, interests and institutions in the formulation of policy, our emphasis here is on institutions, and specifically on how personnel and administrative arrangements allowed the Treasury department to exercise an unusually important influence in the development of these policies. This allowed a set of ideas imported by Treasury from academia and the markets to strongly influence the formulation of the international monetary and financial policies during the Clinton years
Why does the stock market fluctuate? by Robert B Barsky ( Book )
11 editions published between 1992 and 1993 in English and German and held by 78 WorldCat member libraries worldwide
Large long-run swings in the United States stock market over the past century correspond to swings in estimates of fundamental values calculated by using a long moving average of past dividend growth to forecast future growth rates. Such a procedure would have been reasonable if investors were uncertain of the structure of the economy. and had to make forecasts of unknown and possibly-changing long-run dividend growth rates. The parameters of the stochastic process followed by dividends over the twentieth century cannot be precisely estimated even today at the century's end. Investors in the past had even less information about the dividend process. In such a context, it is difficult to see how investors can be faulted for implicitly forecasting future dividends by extrapolating past dividend growth
The shape of twentieth century economic history by J. Bradford De Long ( Book )
8 editions published in 2000 in English and held by 78 WorldCat member libraries worldwide
The history of the twentieth century can be summarized excessively briefly in five propositions: First, that the history of the twentieth century was overwhelmingly economic history. Second, that the twentieth century saw the material wealth of humankind explode beyond all previous imagining. Third, that because of advances technology, productivity, and organization and the feelings of social dislocation and disquiet that these advances generated the twentieth century's tyrannies were the most brutal and barbaric in history. Fourth, that the twentieth century saw the relative economic gulf between different economies grow at a rapid pace. Fifth and last, the economic policy the management of their economies by governments in the twentieth century was at best inept. Little was known or learned about how to manage a market or mixed economy
The Marshall Plan : history's most successful structural adjustment program by J. Bradford De Long ( Book )
11 editions published between 1991 and 1993 in English and held by 76 WorldCat member libraries worldwide
The post-World War II reconstruction of Western Europe was one of the greatest economic policy and foreign policy successes of this century. "Folk wisdom" assigns a major role in successful reconstruction to the Marshall Plan: the program that transferred some $13 billion to Europe in the years 1948-51. We examine the economic effects of the Marshall Plan, and find that it was not large enough to have significantly accelerated recovery by financing investment, aiding the reconstruction of damaged infrastructure, or easing commodity bottlenecks. We argue, however, that the Marshall Plan did play a major role in setting the stage for post-World War II Western Europe's rapid growth. The conditions attached to Marshall Plan aid pushed European political economy in a direction that left its post World War II "mixed economies" with more "market" and less "controls" in the mix
Cornucopia : the pace of economic growth in the twentieth century by J. Bradford De Long ( Book )
10 editions published in 2000 in English and held by 75 WorldCat member libraries worldwide
There is one central fact about the economic history of the twentieth century: above all, the century just past has been the century of increasing material wealth and economic productivity. No previous era and no previous economy has seen material wealth and productive potential grow at such a pace. The bulk of America's population today achieves standards of material comfort and capabilities that were beyond the reach of even the richest of previous centuries. Even lower middle-class households in relatively poor countries have today material standards of living that would make them, in many respects, the envy of the powerful and lordly of past centuries
Princes and merchants : European city growth before the Industrial Revolution by J. Bradford De Long ( Book )
4 editions published in 1993 in English and held by 57 WorldCat member libraries worldwide
As measured by the pace of city growth in western Europe from 1000 to 1800. absolutist monarchs stunted the growth of commerce and industry. A region ruled by an absolutist prince saw its total urban population shrink by one hundred thousand people per century relative to a region without absolutist government. This might be explained by higher rates of taxation under revenue-maximizing absolutist governments than under non-absolutist governments. which care more about general economic prosperity and less about State revenue
A short note on the size of the dot-com bubble by J. Bradford De Long ( )
6 editions published in 2006 in English and held by 52 WorldCat member libraries worldwide
A surprisingly large amount of commentary today marks the beginning of the dot-com bubble of the late 1990s from either the Netscape Communications initial public offering of 1995 or Alan Greenspan's "irrational exuberance" speech of 1996. We believe that this is wrong: we see little sign that the aggregate U.S. stock market was in any way in a significant bubble until 1998 or so
The world in depression, 1929-1939 by Charles Poor Kindleberger ( Book )
1 edition published in 2013 in English and held by 50 WorldCat member libraries worldwide
Equipment investment and economic growth by J. Bradford De Long ( Book )
5 editions published in 1990 in English and held by 49 WorldCat member libraries worldwide
Using data from the United Nations Comparison Project and the Penn World Table, we find that machinery and equipment investment has a strong association with growth: over l9 &)?l95 each percent of GDP invested in equipment is associated with an increase in GDP growth of 1/3 a percentage point per year. This is a much stronger association than found between growth and any of the other components of investment. A variety of considerations suggest that this association is causal, that higher equipment investment drives faster growth, and that the social return to equipment investment in well functioning market economies is on the order of 30 percent per year
The bubble of 1929 : evidence from closed-end funds by J. Bradford De Long ( Book )
7 editions published in 1990 in English and held by 48 WorldCat member libraries worldwide
Closed-end mutual funds provide one of the few cases in which economists can observe "fundamental" values directly, and compare them to market values: the fundamental value of a closed-end fund is simply the net asset value of its portfolio. We use the difference between prices and asset values of closed-end funds at the end of the 1920s as a measure of investment sentiment. In the late l920s closed-end funds sold at large premia: at the peak, they appear willing to pay 60 percent more for closed-end funds than the post-WWII norm. Such substantial overpricing of closed-end funds -- where fundamentals are known and observed -- suggests that other assets were selling at prices above fundamentals as well. The association between movements in the medium closed-end fund discount and movements in broad stock price indices leads us to conclude that the stocks making up the S & P composite were priced at least 30 percent above fundamentals in the summer of 1929
"Liquidation" cycles : old-fashioned real business cycle theory and the great depression by J. Bradford De Long ( Book )
6 editions published between 1990 and 1991 in English and held by 47 WorldCat member libraries worldwide
During the 1929-33 slide into the Great Depression, the Federal Reserve took almost no steps to keep the money supply or the price level stable. Instead, the Federal Reserve acted - disastrously - as if the gathering Great Depression could not be avoided, and was best endured. Such a liquidationist' theory of depressions was in fact common before the Keynesian Revolution, and was held and advanced by economists like Kayek and Schumpeter. This paper tries to reconstruct the logic of the liquidationist' view. It argues that the perspective was carefully thought out (although not adequate to the Depression), may hold some truth in other times and places, and could be the core of a more productive research program that currently popular real' business cycle theories
Productivity and machinery investment : a long run look, 1870-1980 by J. Bradford De Long ( Book )
4 editions published in 1991 in English and held by 47 WorldCat member libraries worldwide
Over the past century the long-run growth of six economies shows a strong association between investment in machinery and economic growth that holds both within and across nations and periods. A similar strong association holds for the post-world War II period for a broader cross section of nations. A number of considerations suggest that this association is causal, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a hypothesis also supported by narratives from the history of technology
Positive feedback investment strategies and destabilizing rational speculation by J. Bradford De Long ( Book )
5 editions published in 1989 in English and held by 43 WorldCat member libraries worldwide
Analyses of the role of rational speculators in financial markets usually presume that such investors dampen price fluctuations by trading against liquidity or noise traders. This conclusion does not necessarily hold when noise traders follow positive-feedback investment strategies buy when prices rise and sell when prices fall. In such cases, it may pay rational speculators to try to jump on the bandwagon early and to purchase ahead of noise trader demand. If rational speculators' attempts to jump on the bandwagon early trigger positive-feedback investment strategies, then an increase in the number of forward-looking rational speculators can lead to increased volatility of prices about fundamentals
 
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Alternative Names
Bradford De Long, J. 1960-
Bradford De Long, James 1960-
Bradford DeLong, J.
Bradford-DeLong, J. 1960-
De Long, Bradford.
De Long, Bradford 1960-
De Long, J. 1960-
De Long, J. B. 1960-
De Long, J. Bradford.
De Long, James B. 1960-
De Long, James Bradford.
De Long, James Bradford, 1960-
DeLong, Brad
DeLong, Brad, 1960-
DeLong, Bradford.
DeLong, J. B.
Delong, J. Bradford
DeLong, J. Bradford, 1960-
DeLong, James Bradford.
DeLong, James Bradford 1960-
Long, J.Bradford de
Long, J. Bradford de 1960-
Long, James Bradford de 1960-
Languages
English (175)
French (3)
German (2)
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