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Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and Q-Ratios

Keynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and Q-Ratios

by Perelman, Michael
No customer reviews yet ISBN 9780333464960

This book integrates Keynes' observations about the q-theory into a coherent theory of replacement investment. It demonstrates why, in the absence of a significant post-war depression, business was relieved of the need to replace obsolete capital goods, leading to a period of prolonged stagnation.

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Pub dateMay 30, 1989
ISBN-100333464966
ISBN-139780333464960
LanguageEnglish
Last updated 2026-08-19 23:18
$177.01
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