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

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


The Investment Function

The Investment Function PDF Author: Vedi Nuri Inal
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Intertemporal Technologies and the Existence of an Aggregate Investment Function

Intertemporal Technologies and the Existence of an Aggregate Investment Function PDF Author: Charles Blackorby
Publisher:
ISBN:
Category :
Languages : en
Pages :

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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.

On Aggregate Investment as a Function of the Interest Rate

On Aggregate Investment as a Function of the Interest Rate PDF Author: Fabio Petri
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The paper argues that the several theories used to support the traditional thesis of a dependence of investment on the interest rate are all unconvincing. The following theories are reviewed: pre-Keynesian, Keynes, array of opportunities, Lerner, Jorgenson, adjustment costs, Tobin's q. It is concluded that the difficulties, which empirical research finds in confirming a significant dependence of aggregate investment on the interest rate, are not surprising: there is simply no convincing theoretical reason why such a dependence should be observed.

On the Theory of Aggregate Investment as a Function of the Rate of Interest

On the Theory of Aggregate Investment as a Function of the Rate of Interest PDF Author: Fabio Petri
Publisher:
ISBN:
Category :
Languages : en
Pages : 44

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An Acceleration Principle Investment Function for Aggregate Data

An Acceleration Principle Investment Function for Aggregate Data PDF Author: David T. Kresge
Publisher:
ISBN:
Category :
Languages : en
Pages : 90

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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.

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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A Supply Function Model of Aggregate Investment

A Supply Function Model of Aggregate Investment PDF Author: Robert Fry Engle
Publisher:
ISBN:
Category : Saving and investment
Languages : en
Pages : 68

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