Cost Of Capital Q Model Of Investment And Capital Accumulation

Author : Chun-yŏng Kim
Publisher : Routledge
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.90/5 ( download)

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Download or read book Cost of Capital, Q Model of Investment, and Capital Accumulation written by Chun-yŏng Kim and published by Routledge. This book was released on 1998 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study on tax reform, cost of capital, and capital accumulation to guide policy-makers who share the goal of making the capital accumulation more efficient. This approach traces the economic growth in Korea, and discovers empirical evidences

Author : Ary Lans Bovenberg
Publisher :
ISBN 13 :
Total Pages : 466 pages
Book Rating : 4.29/5 ( download)

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Download or read book Capital Accumulation and Capital Immobility written by Ary Lans Bovenberg and published by . This book was released on 1984 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Richard W. Kopcke
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.62/5 ( download)

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Download or read book Tobin's Q, Economic Rents, and the Optimal Stock of Capital written by Richard W. Kopcke and published by . This book was released on 1995 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Valerie R. Bencivenga
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4./5 ( download)

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Download or read book Equity Markets, Transaction Costs, and Capital Accumulation written by Valerie R. Bencivenga and published by World Bank Publications. This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Lester D. Taylor
Publisher : Springer Science & Business Media
ISBN 13 : 0387981691
Total Pages : 296 pages
Book Rating : 4.97/5 ( download)

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Download or read book Capital, Accumulation, and Money written by Lester D. Taylor and published by Springer Science & Business Media. This book was released on 2010-09-10 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital and money. A root concept of capital is formulated that allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Capital and monetary theory are integrated in a non-mathematical framework that imposes a number of constraints on the macro behavior of an economy, constraints which make for the straightforward understanding of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development. This fully expanded, revised, and updated edition features important new material on a variety of timely topics, including: * Factors leading to the financial meltdown and turmoil of 2007-09; * Why bubbles form in asset markets and how these impact on the real economy; * The importance of a lender-of-last-resort in times of financial stress; * Future financing and funding of the U. S. Social Security System. Additionally, the author offers a number of ideas for alleviating the severity, if not the avoidance altogether, of financial crises in the future. This is a book for those -- students (both graduate and undergraduate) and their teachers, investors, and the informed public -- who want an understanding of how economies and financial markets function, without an advanced degree in mathematics.

Author : Marcel Savioz
Publisher : Springer Science & Business Media
ISBN 13 : 3642846912
Total Pages : 222 pages
Book Rating : 4.15/5 ( download)

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Download or read book New Issues in the Theory of Investment written by Marcel Savioz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The investment good market, together with the consumer good market, the money market and the labour market, are indeed the most extensively studied markets. The exhaustive survey of investment theory by Eisner and Strotz, already quoted four hundred references in 1963, although this work advocating for adjustment costs, was in fact only carried out at the very beginning of modern investment theory! This chapter gives an introduction of the extensive field and is an attempt to present some key ideas of investment theory. 1) We show that modern investment theory is the integration of many traditional approaches. The content of the chapter is set as follows. Section 2 presents an illustrative model of investment theory. Section 3, using this model, describes the investment decision of the firm. Sections 4 to 10 each present a "classical" investment hypothesis within the framework of the model. Section 11 concludes. For convenience, the key to the symbols used is given in Table 1. 2. The Model of the Firm Investment theory was born with the claim of Keynes (1936) that besides the capital demand (demand for a stock of capital at a point in time), an investment demand (demand for the increment of the capital stock in a period 1) Recent surveys are: Abel (1988), Coen and Eisner (1987) Artus and Muet (1984). The book on investment theory by Nickell (1978) is outstanding.

Author : Nazim Belhocine
Publisher : International Monetary Fund
ISBN 13 : 145198250X
Total Pages : 44 pages
Book Rating : 4.03/5 ( download)

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Download or read book The Embodiment of Intangible Investment Goods written by Nazim Belhocine and published by International Monetary Fund. This book was released on 2010-04-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper extends the q-theory of investment to model explicitly the decision of firms to invest in intangibles and measures the contribution of intangible goods to the overall capital stock in the U.S. The model highlights the embodiment of intangible goods in tangibles and the role of relative price movements in the measurement of the contribution of each type of investment to the overall capital stock. The downward trend in the aggregate investment deflator series reported by national accounts is found to have a significant downward bias in the 90s. The model also shows that the growth in the overall capital stock from the late-80s until 2000 was driven mainly by an increase in the contribution of intangibles. However, the contribution of intangibles fell consistently after 2000. These results underscore the importance of accounting for the movements in the price of intangibles rather than focusing only on their rising share in overall investment.

Author : John B. Shoven
Publisher : University of Chicago Press
ISBN 13 : 0226044351
Total Pages : 396 pages
Book Rating : 4.54/5 ( download)

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Download or read book National Saving and Economic Performance written by John B. Shoven and published by University of Chicago Press. This book was released on 2009-02-15 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past decade has witnessed a decline in saving throughout the developed world—the United States has the dubious distinction of leading the way. The consequences can be serious. For individuals, their own economic security and that of their families is jeopardized. For society, inadequate rates of saving have been blamed for a variety of ills—decreasing the competitive abilities of American industry, slowing capital accumulation, increasing our trade deficit, and forcing the sale of capital stock to foreign investors at bargain prices. Restoring acceptable rates of saving in the United States poses a major challenge to those who formulate national economic policy, especially since economists and policymakers alike still understand little about what motivates people to save. In National Saving and Economic Performance, edited by B. Douglas Bernheim and John B. Shoven, that task is addressed by offering the results of new research, with recommendations for policies aimed to improve saving. Leading experts in diverse fields of economics debate the need for more accurate measurement of official saving data; examine how corporate decisions to retain or distribute earnings affect household-level consumption and saving; and investigate the effects of taxation on saving behavior, correlations between national saving and international investment over time, and the influence of economic growth on saving. Presenting the most comprehensive and up-to-date research on saving, this volume will benefit both academic and government economists.

Author : Klaus Wälde
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.63/5 ( download)

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Download or read book Capital Accumulation in a Model of Growth and Creative Destruction written by Klaus Wälde and published by . This book was released on 2001 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Carol Corrado
Publisher : University of Chicago Press
ISBN 13 : 0226116174
Total Pages : 602 pages
Book Rating : 4.74/5 ( download)

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Download or read book Measuring Capital in the New Economy written by Carol Corrado and published by University of Chicago Press. This book was released on 2009-02-15 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we accurately appraising newer, high-technology capital? The answers to these questions have broad implications for the assessment of the economy's growth over the long term, for the pace of technological advancement in the economy, and for estimates of the nation's wealth. In Measuring Capital in the New Economy, Carol Corrado, John Haltiwanger, Daniel Sichel, and a host of distinguished collaborators offer new approaches for measuring capital in an economy that is increasingly dominated by high-technology capital and intangible assets. As the contributors show, high-tech capital and intangible assets affect the economy in ways that are notoriously difficult to appraise. In this detailed and thorough analysis of the problem and its solutions, the contributors study the nature of these relationships and provide guidance as to what factors should be included in calculations of different types of capital for economists, policymakers, and the financial and accounting communities alike.