Bibliographic data
Works
- Document type:
- Works
- Collection:
- Josef Steindl Collection
- Title:
- The Trend 1968 Version: Fassung
- Scope:
- Manuskript, nummeriert, 12 Seiten
- Year of publication:
- ohne Datum
- Language:
- English
- Description:
- Trend, technical progress and trade cycle, investment decision, rate of profit. Motivation for new version: Investment decision most difficult part of macro-economic theory: especially if one goes beyond the trade cycle. "Pure cycle" was a very unsatisfactory abstraction. Technical progress is to be brought into trade cycle as well (or into trend). [...] New: The idea of a standard or normal rate of gross profit which has to be earned (expected) in order to justify the investment. This is a reciprocal of the pay-off period, i.e. the number of years after which the inevstment must have been recovered from additional revenues. (Auszug, S. 1)
- Subject:
- Konjunkturzyklus Investitionsentscheidung Profitrate Technischer Fortschritt Mathematisches Modell
- Note:
- Unveröffentlichtes Manuskript. - Zusatz zum Titel fingiert. - Steindl hat mehrere Entwürfe zu "Trend and Cycle " verfasst, die letzte Fassung, geschrieben vermutlich 1988, wurde 2004 post mortem veröffentlicht. - Die vorliegende Fassung entstand vor 1988.
- Related work:
- Steindl, Josef: Trend and Cycle. In: Mott, Tracy und Shapiro, Nina (Hrsg.): Rethinking Capitalist Development. Essays on the Economics of Josef Steindl. New York: Routledge 2004, S. 164-173
- Topic:
- Growth,cycle and stagnation
- JEL Classification:
- E32 [Business Fluctuations, Cycles] E37 [Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications]
- Shelfmark:
- S/M.60.2
- Rights of use:
- All rights reserved
- Access:
- Free access