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.
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Produktdetails
- ISBN: 978-1-349-19942-6
- EAN: 9781349199426
- Produktnummer: 19478676
- Verlag: Palgrave Macmillan
- Sprache: Englisch
- Erscheinungsjahr: 1989
- Seitenangabe: 298 S.
- Masse: H21.6 cm x B14.0 cm x D1.8 cm 399 g
- Auflage: 1st ed. 1989
- Abbildungen: X, 298 p.
- Gewicht: 399
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