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The Price of Capital and the Real Rate of Interest

Dan Usher

No 15, Working Paper from Economics Department, Queen's University

Abstract: Few subjects in economics have been more exhaustively discussed than the relation between productivity and thrift in the determination of the rate of interest, yet leading authors continue to hold markedly divergent views. This issue might be brought into focus in the following paper by considering a few important questions, which will be presented to the reader in the paper.

Pages: 26 pages
Date: 1969-11
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http://qed.econ.queensu.ca/working_papers/papers/qed_wp_15.pdf First version 1969 (application/pdf)

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Journal Article: The Price of Capital and the Real Rate of Interest (1971) Downloads
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