Sources of capital growth

Gordon Getty and Nikita Tkachenko

Papers from arXiv.org

Abstract: Data from national accounts show no effect of change in net saving or consumption, in ratio to market-value capital, on change in growth rate of market-value capital (capital acceleration). Thus it appears that capital growth and acceleration arrive without help from net saving or consumption restraint. We explore ways in which this is possible, and discuss implications for economic teaching and public policy

Date: 2023-09, Revised 2024-12
New Economics Papers: this item is included in nep-ger
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