Investment - Capital Theory and Investment Behavior

Klappentext These studies of the cost of capital will inspire and guide policy-makerswho share the goal of making the allocation of capital in a market economy moreefficient.Volume 1 presents pioneering studies of the cost of capital as adeterminant of investment expenditures. The cost of capital summarizes the futureconsequences of investment essential for current decisions. This concept has becomean indispensible tool for studying the dynamics of investment behavior. Bothmacroeconome tric models and intertemporal general equilibrium models have employedthe cost of capital as a determinant of short- and long-term investmentexpenditures. Zusammenfassung Volume one of a study of the cost of capital for policymakers who aim to make the allocation of capital in a market economy more efficient. This work presents studies of the cost of capital as a determinant of investment expenditures.

Product details

• Authors: Dale W Jorgenson, Dale W. Jorgenson, Dale W. (Harvard University) Jorgenson, Dale Weldeau Jorgenson, Kun-Young Yun
• Publisher: The MIT Press
• Languages: English
• Product format: Hardback
• Released: 15.06.1996
• EAN: 9780262100564
• ISBN: 978-0-262-10056-4
• No. of pages: 536
• Dimensions: 162 mm x 235 mm x 38 mm
• Series: Investment; The MIT Press; The MIT Press
• Subject: Social sciences, law, business > Business > General, dictionaries