Catching up, Forging ahead, and Falling behind: A Panel Structure Analysis of Convergence Clubs. ∗. Yixiao Sun. Department of Economics. Yale University. Catching Up, Forging Ahead, and Falling Behind – Volume 46 Issue 2 – Moses Abramovitz. Catching Up, Forging Ahead, and Falling Behind in Southeast Asia: The In then-Stanford professor Moses Abramovitz argued in a seminal article that all.

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After finishing his doctorate at Columbia, he joined the National Bureau of Economic Research in Forrging York, where he began his investigation of inventory investment cycles. Seligman Frank W.

During his time at the National Bureau of Economics Research, Abramovitz researched the role inventories play in business cycles. Abramovitz, called Moe by family and friends, was known for his modest personality and was described as one of the least ego-driven scholars in economics. Arrow Walter W. A lag can occur for the following reasons:. National Bureau of Economic Research, Inc. Klein Jacob Marschak Tjalling C. The growth rate of a developing country will be higher than the growth rate of a developed country because the diminishing return of developing countries is much lower.


Carver John R. If a country is trying to be industrialized, it can only be better off; it will grow much faster than countries that are already industrialized. Some merchants’ ability to adjust inventories to sales is so limited as to produce a long lag of stocks behind sales, or even an inverse relationship between sales and inventories. By using this site, you agree to the Terms of Use and Privacy Policy. Hollander Henry R. Taussig Jeremiah W.

Moses Abramovitz

Jenks Simon N. Fuchs Anne O. The New York Times. If the country does not build relationships with developed nations, the process will also fail. Johnson Oliver M. The Role of Inventories in Business Cycles. He then served as the organization chair from to and from to Koopmans Robert M.

Gay Matthew B. Gale Johnson Dale W. Hadley Richard T. Presidents of the American Economic Association. In his paper “The Role of Foorging in Business Cycles,” Abramovitz wrote that inventory can play a negative role if there is a lag in the production of the inventory.

Ripley Harry Abramoitz.

Views Read Edit View history. Black Edwin E. Nourse Albert B. He was awarded another doctorate from the University of Ancona in In and foorging, he was an economic adviser to the United States representative on the Allied Reparations Commission. Fetter David Kinley John H. If these various lags are worked out, a country can stop the negative effect of inventories on the national market. She died in Mitchell Allyn A.


Adams Fred M. Aggregate inventories of wholesalers and retailers also appear to have lagged behind sales by about six months. Millis John M. Innis Calvin B. Over the course of his career, Abramovitz carried out many pioneering studies of macroeconomics and long-term growth.

Schultz Paul A. This page was last edited on 27 Decemberat Kindleberger Alice M. Dewey Edmund J.

Moses Abramovitz – Wikipedia

Retrieved from ” https: Wolfe Joseph S. Franco Modigliani Lawrence R. Davenport Jacob H. Farnam Frank A. James Henry W. Mason Abramovita Haberler George J. Shiller Alvin E. He earned his Ph.