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Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and q-Ratios 1st ed. 1989 edition
Michael Perelman
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Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and q-Ratios 1st ed. 1989 edition
Michael Perelman
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.
298 pages, X, 298 p.
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | 1989 |
| ISBN13 | 9781349199426 |
| Publishers | Palgrave Macmillan |
| Pages | 298 |
| Dimensions | 399 g |
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