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

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


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.

Empirical Investment Equations in Developing Countries

Empirical Investment Equations in Developing Countries PDF Author: Rama Martín
Publisher:
ISBN:
Category : Investments
Languages : en
Pages : 58

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Aggregate Investment and Its Price in a Growth Model with Adjustment Costs

Aggregate Investment and Its Price in a Growth Model with Adjustment Costs PDF Author: Javier Vallés
Publisher:
ISBN:
Category :
Languages : en
Pages : 204

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Irreversibility, Uncertainty, and Investment

Irreversibility, Uncertainty, and Investment PDF Author: Robert S. Pindyck
Publisher: World Bank Publications
ISBN:
Category : Capital investments
Languages : en
Pages : 58

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Book Description
Irreversible investment is especially sensitive to such risk factors as volatile exchange rates and uncertainty about tariff structures and future cash flows. If the goal of macroeconomic policy is to stimulate investment, stability and credibility may be more important than tax incentives or interest rates.

Aggregate Investment

Aggregate Investment PDF Author: Ricardo J. Caballero
Publisher:
ISBN:
Category : Capital investments
Languages : en
Pages : 82

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Book Description
The 90s have witnessed a revival in economists' interest and hope of explaining" aggregate and microeconomic investment behavior. New theories, better econometric" procedures, and more detailed panel data sets are behind this movement. Much of the progress" has occurred at the level of microeconomic theories and evidence; however aggregation and general equilibrium aspects of the investment problem also has been significant." The concept of sunk costs is at the center of modern theories. The implications of these costs for" investment go well beyond the neoclassical response to the irreversible-technological friction" they represent, for they can also lead to first order inefficiencies when interacting with" informational and contractual problems

The Effects of Tax Parameters on the Investment Equations in Macroeconomic Econometric Models

The Effects of Tax Parameters on the Investment Equations in Macroeconomic Econometric Models PDF Author: Robert S. Chirinko
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 68

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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.

The Volatility of the Socially Optimal Level of Investment

The Volatility of the Socially Optimal Level of Investment PDF Author: Ross Guest
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 60

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Trends, Composition and Determinants of United States Direct Investment in Canada

Trends, Composition and Determinants of United States Direct Investment in Canada PDF Author: Anthony Edward Scaperlanda
Publisher:
ISBN:
Category : Investments, American
Languages : en
Pages : 40

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