The Present Value of Profits and Cyclical Movements in Investment
收藏NBER1983-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1122
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资源简介:
Most of the empirical work on investment is based on the existence of a relation between investment and the expected present val of marginal profits.Thus, in this paper we compute such a present value series, under various assumptions about demand and technology and examine its relation to
提供机构:
美国国家经济研究局
创建时间:
1983-05-01



