Investment
Theories and Analyses
Published on 14. April 2003
Book
Paperback/Softback
XIV, 258 pages
978-0-333-91570-7 (ISBN)
Description
Investment provides an examination of the key macroeconomic theories which underpin fixed asset investment. It would make ideal reading for an intermediate level macroeconomics course or a module on fixed asset investment taking an applied macroeconomic perspective.
More details
Edition
2003
Language
English
Place of publication
London
United Kingdom
Publishing group
Bloomsbury Publishing PLC
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 16 mm
Weight
404 gr
ISBN-13
978-0-333-91570-7 (9780333915707)
DOI
10.1007/978-1-4039-1864-2
Schweitzer Classification
Other editions
Additional editions
Book
04/2003
Red Globe Press
€112.90
Shipment within 15-20 days
Person
MICHELLE BADDELEY is Fellow and College Lecturer in Economics at Gonville and Caius College, University of Cambridge.
Content
PART I: INTRODUCTION.- Introduction.- An Overview of Concepts and Approaches.- PART II: THEORETICAL ISSUES.- The Intellectual Ancestors: Irving Fisher and Maynard Keynes.- Accelerator Theory.- Jorgenson's Model of Investment.- The Limitations of Jorgenson's Model.- Putty Clay Models of Investment.- Adjustment Costs and q Theory.- Uncertainty and Investement.- Post Keynesian Analysis of Investment.- PART III: TESTING THE THEORIES.- Comparing Jorgenson's Model and Accelerator Theory: Evidence from the UK.- Uncertainty in Competing Models of Investment: Evidence from the USA.- PART IV: EMPIRICAL APPLICATIONS OF INVESTMENT PRINCIPLES.- Computing Investment in the New Economy: US Evidence.- Investment and Development: A Cross Sectional Analysis.- Residential Investment: Bubbles and Crashes in the UK Housing Market 1980-99.- PART V: CONCLUSION.- Concluding Remarks.- Bibliography.- Statistical Appendix: Some Basic Econometric Techniques.- Glossary.