Investment and finance: A theoretical approach

被引:3
|
作者
Asada, T [1 ]
机构
[1] Chuo Univ, Fac Econ, Tokyo 1920393, Japan
关键词
Static Model; Theoretical Approach; Analytical Framework; Dynamic Environment; Analytical Point;
D O I
10.1023/A:1018996211649
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
In this paper, we reconsider the theory of investment and finance with imperfect capital market from an analytical point of view. First, we present a simplified static model which integrates Keynes' approach to investment determination and Kalecki's approach to the "principle of increasing risk", and investigate the relationships between this model and Tobin's q theory. The second part of this paper tries to extend the basic model to the model of investment and finance in a truly dynamic environment by utilizing the analytical framework which was presented by Asada and Semmler [2].
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页码:75 / 87
页数:13
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