The Investment Function

D. C. Rowan
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D. C. Rowan: University of Southampton

Chapter Chapter 10 in Output, Inflation and Growth, 1983, pp 141-161 from Palgrave Macmillan

Abstract: Abstract In Chapter 9 we showed that if we knew: (a) the propensity to consume schedule (b) the rate of real planned investment we could determine the equilibrium level of output and hence, via the production function, the equilibrium level of employment. We also demonstrated that the equilibrium level of output (= income) was stable.1

Keywords: Capital Stock; Average Cost; Capital Asset; Dividend Yield; Nominal Rate (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06800-5_10

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DOI: 10.1007/978-1-349-06800-5_10

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