Keynes, investment theory and the economic slowdown : the role of replacement investment and q-ratios

書誌事項

Keynes, investment theory and the economic slowdown : the role of replacement investment and q-ratios

Michael Perelman

Macmillan, 1989

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注記

Bibliography: p. 247-290

Includes index

内容説明・目次

内容説明

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.

目次

Keynes and the Crisis - Introduction - Keynes and Crises, Before the General Theory - Economic Management in the General Theory - Replacement Investment Theory - The q-Theory and Replacement Investment: A Cursory Look at the Replacement Decision - On the Application of Keynesian Economics in the United States - Conclusion - References - Index

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