Systematic differences along the wealth distribution in investment performance will potentially have large consequences … Capital Asset Pricing Model (GCAPM), which relies on classed household portfolio data to measure investment performance in … five European countries, where previously no measure of investment performance could be computed. We verify the accuracy of …

demand, i.e. investment, consumption and net exports. Since increasing shareholder power and shareholder value orientation of … of financialisation in the context of the postKeynesian theory of the firm and explain the other channels from there. An … important result is the emergence of 'profits without investment' demand and growth regimes, for which we point out the …

formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …

and others. The authors address the difficulties inherent in the formulation of an investment theory in which the future … is unknowable, and investment substantially irreversible. Where Minsky accepts a variation of the Tobin-q theory …In this paper, Crotty and Goldstein undertake the formulation of a model of enterprise investment decision that can …