Investor myopia and persistence of the global crisis- a post Keynesian view

Ivan Rozmainsky

Montenegrin Journal of Economics, 2015, vol. 11, issue 1, 107-116

Abstract: The main idea of the paper is that the persistence of the current global crisis can be explained by phenomenon of investor myopia. When agents exclude from the consideration values of future variables after some threshold time point they may refuse from investing in durable productive assets.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mje:mjejnl:v:11:y:2015:i:1:p:107-116

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