van Ees, Hans; Kuper, Gerard H; Sterken, Elmer - In: Cambridge Journal of Economics 21 (1997) 3, pp. 395-407
In this paper, the authors analyze the impact of profits on investment using data from the Dutch manufacturing sector in a simple Kaleckian investment model. Profits and capacity determine the level of investment. The empirical analysis of this 'nonmainstream' model confirms conclusions drawn in...