The Stock Market and Capital Accumulation
收藏NBER1999-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7180
下载链接
链接失效反馈官方服务：
资源简介：
If firms purchase capital up to the point where there is no further marginal benefit, and the firms' securities are equal in value to the capital, then the market value of securities measures the quantity of capital. I explore the implications of this hypothesis using data from U.S. non-farm, non
提供机构：
美国国家经济研究局
创建时间：
1999-06-01
