About Investment in Macroeconomics

Edmond Malinvaud

Chapter 6 in Economics in a Changing World, 1995, pp 123-141 from Palgrave Macmillan

Abstract: Abstract I am not going to present a theoretical or empirical contribution, but rather to express some views on our understanding of the interplay between investment and economic evolution. This understanding leaves much to be desired, notwithstanding the efforts of past research on the subject. I should like to be able to find clues on how to make quick progress, but I shall fail to do so here. My reason for speaking rather comes from this very special occasion: Russia has now to rebuild economic teaching and research. As a teacher and research worker I feel a duty to provide some message that could be useful.

Keywords: Real Interest Rate; Saving Rate; Adjustment Cost; Competitive Equilibrium; Investment Behaviour (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-23953-5_6

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DOI: 10.1007/978-1-349-23953-5_6

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