Keynes, Investment Theory and the Economic Slowdown (Heftet)

The Role of Replacement Investment and q-Ratios

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Innbinding: Heftet
Utgivelsesår: 1989
Antall sider: 298
Forlag: Palgrave Macmillan
Språk: Engelsk
ISBN/EAN: 9781349199426
Omtale Keynes, Investment Theory and the Economic Slowdown
This book integrates Keynes' observations about the q-theory into a coherent theory of replacement investment. It demonstrates why, in the absence of a significant post-war depression, business was relieved of the need to replace obsolete capital goods, leading to a period of prolonged stagnation.

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