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Keynes, Investment Theory and the Economic Slowdown

- The Role of Replacement Investment and q-Ratios

af Michael Perelman
Keynes, Investment Theory and the Economic Slowdown af Michael Perelman
Bag om 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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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781349199426
  • Indbinding:
  • Paperback
  • Sideantal:
  • 298
  • Udgivet:
  • 1. Januar 1989
  • Udgave:
  • 11989
  • Størrelse:
  • 140x216x18 mm.
  • Vægt:
  • 399 g.
  • 2-3 uger.
  • 23. Oktober 2024
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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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