Keynes, Investment Theory and the Economic Slowdown
The Role of Replacement Investment and q-Ratios
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.
| Autor: | Perelman, Michael |
|---|---|
| ISBN: | 9780333464960 |
| Sprache: | Englisch |
| Seitenzahl: | 298 |
| Produktart: | Gebunden |
| Verlag: | Palgrave Macmillan UK |
| Veröffentlicht: | 30.05.1989 |
| Untertitel: | The Role of Replacement Investment and q-Ratios |
| Schlagworte: | Investment John Maynard Keynes Keynesian economics economics investments and securities |
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