Investment functions and the profitability gap

References

• Abel, A. B. "Optimal Investment Under Uncertainty." American Economic Review, 1983, 73 (1), 228-233.
   Google Scholar
• Abel, A. B. "Consumption and Investment." In B. M. Friedman and F. H. Hahn (eds.), Handbook of Monetary Economics, vol. II. Amsterdam: Elsevier, 1990, pp. 725-750.
   Google Scholar
• Akerlof, G. A. "The Market for Lemons: Qualitative Uncertainty and the Market Mechanism." Quarterly Journal of Economics, 1970, 84 (3), 488-500.
   Google Scholar
• Arestis, P. The Post-Keynesian Approach to Economics: An Alternative Analysis of Economic Theory and Policy. Aldershot, UK: Edward Elgar, 1992.
   Google Scholar
• Arrow, K. J. "Optimal Capital Policy with Irreversible Investment." In J. N. Wolfe (ed.), Value, Capital and Growth: Essays in Honour of Sir John Hicks. Edinburgh: Edinburgh University Press, 1968, pp. 1-20.
   Google Scholar
• Baddeley, M. Investment Theory and Analysis. New York: Palgrave Macmillan, 2003.
   Google Scholar
• Bernanke, B. "Irreversibility, Uncertainty and Cyclical Investment." Quarterly Journal of Economics, 1983, 98 (1), 85-106.
   Google Scholar
• Brainard, W., and Tobin, J. "Pitfalls in Financial Model Building." American Economic Review, 1968, 58 (2), 99-122.
   Google Scholar
• Chirinko, R. S. "Tobin's Q and Financial Policy." Journal of Monetary Economics, 1987, 19 (1), 69-87.
   Google Scholar
• Chirinko, R. S., and Schaller, H. "Business Fixed Investment and 'Bubbles': The Japanese Case." Working Paper, Department of Economics, Emory University, November 1998.
   Google Scholar
• Courvisanos, J. Investment Cycles in Capitalist Economies: A Kaleckian Behavioural Contribution. Cheltenham, UK: Edward Elgar, 1996a.
   Google Scholar
• Courvisanos, J. "Keynes and Keynesians on Investment Decision-Making: A Behavioural Perspective." History of Economics Review, Winter 1996b, 25, 159-171.
   Google Scholar
• Dixit, A. K. "Investment and Hysteresis." Journal of Economic Perspectives, 1992, 6 (1), 107-132.
   Google Scholar
• Dixit, A. K., and Pindyck, R. S. Investment Under Uncertainty. Princeton: Princeton University Press, 1994.
   Google Scholar
• Fisher, I. The Theory of Interest. New York: Macmillan. 1930.
   Google Scholar
• Gapinski, J. H. Macroeconomic Theory: Statics, Dynamics, and Policy. New York: McGraw-Hill, 1982.
   Google Scholar
• Goodwin, R. M. "The Non-Linear Accelerator and the Persistence of Business Cycles." Econometrica, 1951, 19 (1), 1-17.
   Google Scholar
• Gould, J. P. "Adjustment Costs in the Theory of Investment of the Firm." Review of Economic Studies, 1968, 35 (1), 47-55.
   Google Scholar
• Haavelmo, T. A Study in the Theory of Investment. Chicago: University of Chicago Press, 1960.
   Google Scholar
• Hamberg, D. Models of Economic Growth. New York: Harper & Row, 1971.
   Google Scholar
• Harrod, R. F. The Trade Cycle: An Essay. Oxford: Clarendon Press, 1936.
   Google Scholar
• Hayashi, F. "Tobin's Marginal and Average Q: A Neoclassical Interpretation." Econometrica, 1982, 50 (1), 213-224.
   Google Scholar
• Hicks, J. R. A Contribution to the Theory of the Trade Cycle. Oxford: Clarendon Press, 1950.
   Google Scholar
• Jensen, M. C., and Meckling, W. H. "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure." Journal of Financial Economics, 1976, 3 (4), 305-360.
   Google Scholar
• Jorgenson, D. W. "Capital Theory and Investment Behavior." American Economic Review (Papers and Proceedings), May 1963, 53, 247-259.
   Google Scholar
• Jorgenson, D. W. Collected Works: Growth, Volume 1—Econometric General Equilibrium Modeling. Cambridge, MA: MIT Press, 1998.
   Google Scholar
• Kalecki, M. Proba Teorii Koniunktury [Essay on the Business Cycle Theory]. Warsaw: Instytut Badania Koniunktur Gospodarczych, 1933.
   Google Scholar
• Kalecki, M. Studies in Economic Dynamics. London: George Allen & Unwin, 1943.
   Google Scholar
• Kalecki, M. Theory of Economic Dynamics. London: Allen & Unwin, 1954.
   Google Scholar
• Kalecki, M. "Trend and Business Cycle Reconsidered." Economic Journal, 1968, 78 (2), 263-276.
   Google Scholar
• Kalecki, M. Selected Essays on the Dynamics of the Capitalist Economy, 1933-1970. Cambridge: Cambridge University Press, 1971.
   Google Scholar
• Keynes, J. M. A Treatise on Money. London: Macmillan, 1930.
   Google Scholar
• Keynes, J. M. The General Theory of Employment, Interest and Money. London: Macmillan, 1936.
   Google Scholar
• Klein, L. R. Economic Fluctuations in the United States: 1921-1944. New York: Wiley, 1950.
   Google Scholar
• Lerner, A. P. "Interest Theory—Supply and Demand for Loans or Supply and Demand for Cash?" Review of Economics and Statistics, 1944, 26 (2), 88-91.
   Google Scholar
• Lerner, A. P. "On the Marginal Product of Capital and the Marginal Efficiency of Investment." Journal of Political Economy, 1953, 61 (1), 1-14.
   Google Scholar
• Lucas, R. E. "Adjustment Costs and the Theory of Supply." Journal of Political Economy, 1967, 75 (4), 321-334.
   Google Scholar
• Malinvaud, E. "Reflecting on the Theory of Capital and Growth." Oxford Economic Papers, 1986, 38 (3), 367-385.
   Google Scholar
• Mandel, E. "Karl Marx." In J. Eatwell, M. Milgate, and P. Newman (eds.), Marxian Economics. London: Palgrave, 1990, pp. 1-38.
   Google Scholar
• Marx, K. Capital: A Critique of Political Economy, Volume I. Moscow: Progress, 1954a. [Originally published in 1867.]
   Google Scholar
• Marx, K. Capital: A Critique of Political Economy, Volume III. Moscow: Progress, 1954b. [Originally published in 1894.]
   Google Scholar
• McDonald, R. L., and Siegel, D. "The Value of Waiting to Invest." Quarterly Journal of Economics, 1986, 101 (4), 707-728.
   Google Scholar
• Modigliani, F., and Miller, M. "The Cost of Capital, Corporation Finance and the Theory of Investment." American Economic Review, 1958, 48 (3), 261-297.
   Google Scholar
• Modigliani, F., and Miller, M. "Corporate Income Taxes and the Cost of Capital: A Correction." American Economic Review, 1963, 53 (3), 433-443.
   Google Scholar
• Myers, S. C., and Majluf, N. S. "Corporate Financing and Investment Decisions When Firms Have Information That Investors Do Not." Journal of Financial Economics, 1984, 13 (2), 187-221.
   Google Scholar
• Pasinetti, L. L. Growth and Income Distribution: Essays in Economic Theory. Cambridge: Cambridge University Press, 1974.
   Google Scholar
• Phelps, E. S. "Substitution, Fixed Proportions, Growth and Distribution." International Economic Review, 1963, 4 (3), 265-288.
   Google Scholar
• Ricardo, D. The Principles of Political Economy and Taxation. London: John Murray, 1973. [Originally published in 1817.]
   Google Scholar
• Samuelson, P. A. "Interaction Between the Multiplier Analysis and the Principle of Acceleration." Review of Economic Statistics, 1939, 21 (2), 75-78.
   Google Scholar
• Smith, A. An Inquiry into the Nature and Causes of the Wealth of Nations. Edited by R. H. Campbell and A. S. Skinner. Oxford: Oxford University Press, 1976. [Originally published in 1776.]
   Google Scholar
• Spiethoff, A. "Krisen" [Business Cycles]. International Economic Papers, 1953, 3, 75-171. [Originally published in 1925.]
   Google Scholar
• Stiglitz, J. E., and Weiss, A. "Credit Rationing in Markets with Imperfect Information." American Economic Review, 1981, 71 (3), 393-410.
   Google Scholar
• Thornton, H. An Enquiry into the Nature and Effects of the Paper Credit of Great Britain. New York: Augustus M. Kelley, 1965. [Originally published in 1802.]
   Google Scholar
• Tobin, J. "A General Equilibrium Approach to Monetary Theory." Journal of Money, Credit and Banking, 1969, 1 (1), 15-29.
   Google Scholar
• Weintraub, S. "Generalizing Kalecki and Simplifying Macroeconomics." Journal of Post Keynesian Economics, Spring 1979, 1 (3), 101-106.
   Google Scholar
• Wicksell, K. Lectures on Political Economy, Volume II: Money. Translated by C. Classen; edited by L. Robbins. London: Routledge, 1934. [Originally published in 1906.]
   Google Scholar
• Wicksell, K. Geldzins und Guterpreise [Interest and Prices: A Study of the Causes Regulating the Value of Money]. Translated by R. F. Kahn. London: Macmillan, 1936. [Originally published in 1898.]
   Google Scholar