considers the extent to which changes in the cost of capital can account for these shifts. A number of developments occurred in … the 1980s that affected the cost of capital more for some industries and assets than others. It is well known, for example … allocation of investment. The article concludes that the changes are due in large part to movements in real capital goods prices …

labour and capital below unity. We show that compared to the Cobb-Douglas case, the likelihood of indeterminacy under a …

This paper empirically verifies that the types of capital adjustment costs serve as an important mechanism in relation … affect busin ess cycles. Specifically, it is found through empirical methods using corporate financial data that capital … economy. In particular, capital adjustment costs are empirically proven to cause investment dispersion to expand given that …

A Beckerian model of household production is developed to study the allocation of capital and time between market and … the market, labor interacts with business capital to produce market goods and services, and likewise at home the remaining … time, leisure, is combined with household capital to produce home goods and services. The theoretical model presented is …