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equipment -- capital stock $K$ and 'consumption' of labour L and capital services S. It is shown that the production function …
Persistent link: https://www.econbiz.de/10005134973
IV estimates of the link between profits and investment in the Czech Republic find a complex relationship. While firms …
Persistent link: https://www.econbiz.de/10005135117
microeconomic analysis. Depreciation is a main source of enterprise investment and serves as a source for replacement of obsolete or …
Persistent link: https://www.econbiz.de/10005413248
and thrift. His point was that it is money, not saving, which is the necessary prerequisite for economic activity in …This paper revisits Keynes’s liquidity preference theory as it evolved from the Treatise on Money to The General Theory … interest as a replacement for flawed saving or loanable funds theories of interest emphasizing the real forces of productivity …
Persistent link: https://www.econbiz.de/10005126066