Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and q-Ratios - Michael Perelman - Books - Palgrave Macmillan - 9780333464960 - May 30, 1989
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Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and q-Ratios

Michael Perelman

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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.

320 pages, references, index

Media Books     Hardcover Book   (Book with hard spine and cover)
Released May 30, 1989
ISBN13 9780333464960
Publishers Palgrave Macmillan
Pages 298
Dimensions 140 × 216 × 30 mm   ·   544 g
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