Investment

Investment PDF Author: Philip J. Lund
Publisher: Elsevier
ISBN: 1483256901
Category : Mathematics
Languages : en
Pages : 176

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Book Description
Advanced Textbooks in Economics: Investment: The Study of an Economic Aggregate focuses on the principles, methodologies, and approaches involved in the determination of investments. The book first offers information on the theories of aggregate investment and statistical and questionnaire studies. Discussions focus on statistical studies, tax incentives and disincentives to investment, capital stock adjustment models, acceleration principle, replacement investment, level of aggregation, sources of funds, neoclassical theory of capital accumulation, and tax incentives and disincentives to investment. The text then examines the estimation of lag distributions, including geometrically declining lag distributions, Pascal and rational distributions, variable lag distributions, and the first-in first-out method. The publication ponders on econometric studies, as well as United Kingdom and United States studies, two-stage studies of investment, and guidelines for future research. The text is a dependable source of information for economists and researchers interested in economic aggregates.

Aggregate Investment

Aggregate Investment PDF Author: Ricardo J. Caballero
Publisher:
ISBN:
Category :
Languages : en
Pages : 58

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Book Description


Investment

Investment PDF Author: Philip J. Lund
Publisher: Elsevier
ISBN: 1483256901
Category : Mathematics
Languages : en
Pages : 176

Get Book Here

Book Description
Advanced Textbooks in Economics: Investment: The Study of an Economic Aggregate focuses on the principles, methodologies, and approaches involved in the determination of investments. The book first offers information on the theories of aggregate investment and statistical and questionnaire studies. Discussions focus on statistical studies, tax incentives and disincentives to investment, capital stock adjustment models, acceleration principle, replacement investment, level of aggregation, sources of funds, neoclassical theory of capital accumulation, and tax incentives and disincentives to investment. The text then examines the estimation of lag distributions, including geometrically declining lag distributions, Pascal and rational distributions, variable lag distributions, and the first-in first-out method. The publication ponders on econometric studies, as well as United Kingdom and United States studies, two-stage studies of investment, and guidelines for future research. The text is a dependable source of information for economists and researchers interested in economic aggregates.

Modeling Aggregate Investment

Modeling Aggregate Investment PDF Author: John M. Roberts
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 66

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Book Description


On the Dynamics of Aggregate Investment

On the Dynamics of Aggregate Investment PDF Author: Ricardo J. Caballero
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

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Book Description


Nonlinear Aggregate Investment Dynamics

Nonlinear Aggregate Investment Dynamics PDF Author: Ricardo J. Caballero
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 74

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Book Description
In this paper we derive a model of aggregate investment that builds from the lumpy microeconomic behavior of firms facing stochastic fixed adjustment costs. Instead of the standard sharp (S, s) bands, firms' adjustment policies take the form of a probability of adjustment (adjustment hazard) that responds smoothly to changes in firms' capacity gap. The model has appealing aggregation properties, and yields nonlinear aggregate time series processes. The passivity of normal times is, occasionally, more than offset by the brisk response to large accumulated shocks. Using within and out-of-sample criteria, we find that the model performs substantially better than the standard linear models of investment for postwar sectoral U.S. manufacturing equipment and structures investment data.

Aggregate investment

Aggregate investment PDF Author: J.F. Helliwell
Publisher:
ISBN:
Category :
Languages : es
Pages : 344

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Book Description


The Theory of Aggregate Investment in Closed Economic Systems

The Theory of Aggregate Investment in Closed Economic Systems PDF Author: Kofi Kissi Dompere
Publisher: Praeger
ISBN: 9780313307966
Category : Education
Languages : en
Pages : 240

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Book Description
Although economic theory has increased our understanding of some economic problems, it has rendered others, including the problem of capital accumulation, growth, and development, more difficult to understand. Focusing on capitalist economic systems, this book develops a theoretical approach to the study of aggregate capital dynamics. The theory is developed within the Keynesian framework of aggregate thinking and builds on the work of such Cambridge economists as Robinson, Kaldor, and Pasinetti. The approach helps to resolve some theoretical difficulties within the Keynesian framework for studying aggregate investment behavior. Dompere also provides a criticism of the neoclassical investment theory and the general neoclassical theoretical framework for studying aggregate capital accumulation, investment, and growth. Reexamining some questions on investment that earlier theorists have tried to answer, this study develops some of the basic ideas of Keynes, Robinson, Kaldor, and Pasinetti into a general theoretical system that allows an optimal aggregate capital and investment to be determined for a given information set.

The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems

The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems PDF Author: K. K. Dompere
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
Building on his companion volume on closed economic systems, Dompere develops a theory of aggregate investment, optimal capital, and output dynamics for open economic systems under neo-Keynesian conditions with special reference to growth policy. By constructing and tracing the path of equilibrium aggregate investment, the study isolates and analyzes the internal and external factors that influence the adjusting of investment to aggregate finance and profit. It examines the role international trade and finance play in alleviating domestic technological and savings constraints on capital creation and growth. The theory's conclusions are used to analyze the rate of accumulation and finance needed to support a rate of output growth selected as part of an internal aggregate decision process. The analysis is extended to aggregrate development capital-output planning. The study goes on to discuss conceptual and aggregational problems of measures of economic openness implied in the data requirements across national economies. Here a unique set of theoretical measures of economic openness, different from the traditional, is developed. The book, further, presents a critique and appraisal of the essential capital elements implied by endogenous growth theory.

Aggregate Investment Equations

Aggregate Investment Equations PDF Author: John F. Helliwell
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 74

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Book Description


The Aggregate Investment Function

The Aggregate Investment Function PDF Author: Stefan Lutz
Publisher:
ISBN:
Category : Acceleration principle (Economics)
Languages : en
Pages : 184

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Book Description