The article deals with the indicators used when making investment decisions in situations when it is necessary to invest different amounts of money in alternative real assets for different periods of time. The author suggests two new indicators: 'the indicator of the speed of specific increment...

В статье представлено концептуальное осмысление формирования системы стратегического финансового управления реальными инвестициями, исходя из определяющей...

I provide new evidence on the failure of the Q-theory. The Q-theory implies the state-by-state equivalence of stock and investment returns|a important implication of many asset pricing models. Using aggregate US data, I find there exists a realistic parameterization of the aggregate production...

The article deals with the indicators used when making investment decisions in situations when it is necessary to invest different amounts of money in alternative real assets for different periods of time. The author suggests two new indicators: 'the indicator of the speed of specific increment...

We examine the relation between inventory investment and the cost of capital in the time series and the cross section. We find consistent evidence that risk premiums, rather than real interest rates, are strongly negatively related to future inventory growth at the aggregate, industry, and firm...