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DETERMINANTS OF INVESTMENT Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Page 1: DETERMINANTS OF INVESTMENT - St. Louis Fed

DETERMINANTS OF INVESTMENT

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Page 2: DETERMINANTS OF INVESTMENT - St. Louis Fed

NEW vs. REPLACEMENT INyESTMENT

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Page 3: DETERMINANTS OF INVESTMENT - St. Louis Fed

ARROW, K. J*

Alternative approaches to the theory of choice in risk-taking situations, ECONOMETRICA,

October, 1951*

comprehensive survey of work doaie on theory of decision-making under uncertainty

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Page 4: DETERMINANTS OF INVESTMENT - St. Louis Fed

AUBRX, Henry G.

Investment decisions in underdeveloped countries, in CAPITAL FORMATION AND ECONOMIC GROWTH. Princeton: Princeton University Press, 1955*

Industrial investment decisions: A comparative analysis, JOURNAL OF ECONOMIC HISTORY, Vol. IV, No. Ay December, 1955, pp. 335-51.

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Page 5: DETERMINANTS OF INVESTMENT - St. Louis Fed

BROVN, E. Cary

Some evidence on business expectations, REVIEW OF ECONOMICS & STATISTICS, Vol. 31, no. 3 , Aug. 1949, pp. 236-8.

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Page 6: DETERMINANTS OF INVESTMENT - St. Louis Fed

BRQZEN, Yale

Discussion of f theories of uncertainty and financial behavior/ ECONOMETRICA, Vol, 19, July, 1951, PP« 326-7 (abstract only) •

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Page 7: DETERMINANTS OF INVESTMENT - St. Louis Fed

BUCHANAN, Norman S.

"Anticipations and Industrial Investment Decisions," THE AMERICAN ECONOMIC REVIEW, SUPPLEMENT, KXXII, Part 2, March, 1942, pp. 141-155.

Discussion: Earl J. Hamilton; Julius Grodinskyj G. Heberton

Evans, Jr., ibid,, pp. 156-164.

Determinants of investment decisions

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Page 8: DETERMINANTS OF INVESTMENT - St. Louis Fed

CAPLAN, Benjamin

Reinvestment and rate of interest, AMERICAN ECONHIC REVIEW, XXX, No. 3, September, 1940, pp. 561-568.

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Page 9: DETERMINANTS OF INVESTMENT - St. Louis Fed

CARTER, C. F., MEREDITH, G.P. and SHACKLE, G.L.S., Eds*

UNCERTAINTY AND BUSINESS DECISIONS—A SYMPOSIUM. Liverpool: The University Press, 1954* Pp* viii, 101.

Review: by Jack Hirshleifer, AMERICAN ECONOMIC REVIEW, vol. U5y March, 1955, pp. 159-61.

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Page 10: DETERMINANTS OF INVESTMENT - St. Louis Fed

CARTER, G. F . j MEREDITH, G. P . ; and BHACKLE, G.L.S. (Edi tors )

UNCERTAINTY AND BUSINESS DECISIONS—A SYMPOSIUM. Liverpool : U n i v e r s i t y of Liverpool P r e s s , 1954- Pp. v i i , 104.

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Page 11: DETERMINANTS OF INVESTMENT - St. Louis Fed

CARTER, C. F.

A revised theory of expec ta t ions , ECONOMIC JOURNAL,

December, 1953.

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Page 12: DETERMINANTS OF INVESTMENT - St. Louis Fed

CARTER, C. F.

A revised theory of expectations, ECONOMIC JOURNAL,

December, 1953*

10 pp.

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Page 13: DETERMINANTS OF INVESTMENT - St. Louis Fed

DOBEOVOLSKI, S. P.

The effect of replacement investment on nat ional income and employment, JOURNAL OF POLITICAL ECONOMY, LV, No. 4, August, 1947, pp. 352-358.

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Page 14: DETERMINANTS OF INVESTMENT - St. Louis Fed

DULLES, Eleanor

"War and Investment Opportunities: An Historical Analysts," THE AMERICAN ECONOMIC REVIEW, SUPPLEMENT, XXXII, Pt. 2, March, 1942, pp. 112-128.

J)i scussion: Earl J* Hamiltonj Julius Grodinsky; G. Heberton Evans, Jr., ibid*, pp. 156-164.

Determinants of investment decisions

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Page 15: DETERMINANTS OF INVESTMENT - St. Louis Fed

EASTERBROOK, V. T.

Uncertainty and economic change, THE JOURNAL OF ECONOMIC HISTORY, Vol. XIV, No. A, 1954, PP. 346-60.

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Page 16: DETERMINANTS OF INVESTMENT - St. Louis Fed

EGERTON, R. A. D.

"Investment, uacertainty and expectations," THE REVIEW OF ECONOMIC STUDIES, Vol. 1X11(2), No. 58, 1954-55, PP.K3-150.

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Page 17: DETERMINANTS OF INVESTMENT - St. Louis Fed

EGERTON, R. A. D.

Investment, uncertainty end expectations, THE REVIEW OF ECONOMIC STUDIES, XXII(ii), No. 53, February, 1955.

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EISNER, Robert

DETERMINANTS OF CAPITAL EXPENDITURES. An Interview Study, Urbana: University of Illinois, 1956.

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Page 19: DETERMINANTS OF INVESTMENT - St. Louis Fed

FRIEDMAN, Milton and SAVAGE, L. J.

The utility analysis of choices involving risk, THE JOURNAL OF POLITICAL ECONOMY,

August, 1948, pp. 279-30^.

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Page 20: DETERMINANTS OF INVESTMENT - St. Louis Fed

FRISCH, Ragnar

The interrelation between capital production and consumer taking, JOURNAL OF POLITICAL ECONOMY, XXXIX, No, 5, October, 1931 •

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FROEHLICH, Walter

The role of income determination in reinvestment and investment, AMERICAN ECONOMIC REVIEW, XXXVIII, No. 1, March, 1948, pp. 78-91.

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GRAAF, J. de V. and BADMDL, ¥ .

Three notes on fExpectation in Economics,1 ECONOMICA,

November, 1949.

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HAHN, T. H.

Expectations and Equilibrium, THE SCORQHtC JOUHNAL,

December, 1952.

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HANSEN, Alvin H. and TOUT, Herbert

"Investment and saving in the business cycle," ECONOMETRICA,

April 1933.

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Page 25: DETERMINANTS OF INVESTMENT - St. Louis Fed

HART, Albert G.

ANTICIPATIONS, UNCERTAINTY, AND DYNAMIC PLANNING. Reissue of 1940 edition, with new preface. New York: Augustus M. Kelle7, 1951*

98 pp.

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Page 26: DETERMINANTS OF INVESTMENT - St. Louis Fed

HART, Albert G.

ANTICIPATIONS, UNCERTAINTY, AND DYNAMIC PLANNING. Chicago:

1940.

Chap. IV: Determinants of investment decisions

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OcT taMft pp 4<>-S 3

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HART, A. G.

Failure and fulfillment of expectations in business fluctuations, REVIEW OF ECONOMIC STATISTICS,

May, 1937. Pp. 10.

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Page 29: DETERMINANTS OF INVESTMENT - St. Louis Fed

HART, A. G*

Failure and fulfilment of expectations in business fluctuations, THE REVIEW OF ECONOMIC STATISTICS,

May, 1937.

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HART, A. G.

Anticipations, business planning and the cycle, QUARTERLY JOURNAL OF ECONOMICS,

February, 1937. Pp. 25.

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Page 31: DETERMINANTS OF INVESTMENT - St. Louis Fed

HAYEK, F. A.

PROFITS, INTEREST, INVESTMENT. London:

1939.

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HIRSHLEIFER, Jack

A note on expectations, AMERICAN ECONOMIC REVIEW, X30CVI, December, 1946, pp. 901-903.

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JOHNSON, Harry G.

A three-dimensional model of the Shackle / surface, REVIEW OF ECONOKEG STODIES, No. 46.

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JONES, Hoaer

Investment prospects, JOURNAL OF FINANCE, April, 1947, pp. 15-33.

study of determinants of investment

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Page 35: DETERMINANTS OF INVESTMENT - St. Louis Fed

JUNG, Clarence

Investment decisions and the non-linear cycle, JOURNAL OF INDUSTRIAL ECONOMICS, Vol. IV, No. 1, October, 1955*

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KATONA, George and MORGAN, James N.

The quantitative study of factors determin­ing business decisions, QUARTERLY JOURNAL OF ECONOMICS,

February, 1952. 24 pp.

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KATONA, G.

"Psychological Analysis of Business Decisions and Expectations, AER, Vol. XXXVI, 194-6, §>P- 44-62.

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Page 38: DETERMINANTS OF INVESTMENT - St. Louis Fed

KEIRSTEAD, B. S.

AN ESSAY IN THE THEORY OF PROFITS AND INCOME DISTRIBUTION. New York: Augustus M. K e l l e y , 1953. Pp. 110.

Review: by V. J . Baumol, AMERICAN ECONOMIC REVIEW, v o l . UUy June, 1954, pp. 402-03.

Businessmen's expectat ions

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KEIRSTEAD, B. S.

AN ESSAY IN THE THEOBI OF PROFITS AND INCOME DISTRIBUTION. Oxford:

1953.

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Page 40: DETERMINANTS OF INVESTMENT - St. Louis Fed

KLEIN, L. R.

Studies in Investment Behavior, in Conference on Business Cycles»

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Page 41: DETERMINANTS OF INVESTMENT - St. Louis Fed

KNIGHT, F. H.

The theoiy of investment once more: Mr. Boulding and the Austrians,

Vol. L, November, 1935* PP* 36-67.

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KNOX, A. P.

"The Acceleration Principle and the Ifafory of Investment: a Survey," ECONOMICA, Vol. xLx, 16. 75.

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LUNDBERG, Erik

STUDIES IN THE THEORY OF ECONOMIC EXPANSION. London:

1937 .

Chaps. VII-VIII: Determinants of investment decisions

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Page 44: DETERMINANTS OF INVESTMENT - St. Louis Fed

MAES, J.

A 8tody in expectations: reflections on Shackle's 'Expectation in Economics," Part I, YORKSHIRE BULLETIN OF ECONOMIC & SOCIAL RESEARCH,

July, 1950.

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MOONITZ, Maurice

The risk of obsolescence and the importance of the rate of interest, JOURNAL OF POLITICAL ECONOMY, LI, No. 4, August, 1943, pp. 348-355.

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NORTON, F. E.

Scats cross-section explorations in investment behavior, THE SOUTHEBH ECONOMIC JOURNAL, January, 1956.

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Page 47: DETERMINANTS OF INVESTMENT - St. Louis Fed

SHACKLE, G. L. S.

TOCEBI&Iim IH ECONOMICS AND OTHER REFLECTIONS. Cambridge: Cambridge UniTersity Press, 1955. Pp. t±r, 267.

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SHACKLE, G. U S.

UNCERTAINTY IN ECONOMICS AND OTHER REFLECTIONS.

Part II: INTEREST RATES ch. 10: The nature of interest rates

11: Interest—rates and the pace of invest­ment

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Page 49: DETERMINANTS OF INVESTMENT - St. Louis Fed

SHACKLE, G. L. S*

Expectations, income and profit, EKONOMISK TIDSKRIFT (Stockholm) December, 1955*

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Page 50: DETERMINANTS OF INVESTMENT - St. Louis Fed

SHACKLE, G. L. S.

On the meaning and measure of uncertainty, METROECONOMICA,

December, 1953« 19 pp.

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SHACKLE, G. L. S.

EXPECTATION IN ECONOMICS. London and New York: Cambridge Univers i ty Press , 194-9. Pp. x , 14.6.

2nd e d . , 1952. Review: by William C. Hood, JOURNAL OF POLITICAL

ECONOMY, LIII, Oct. 1950, pp. 449-50. by Richard S. Veckstdin, AMERICAN ECONOMIC REVIEW,

v o l . 42 , May, 1952, pp. 420-24.

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UNCERTAINTY AND BUSINESS DECISIONS. A symposium based on Shackle's EXPECTATION IN ECONOMICS at the 1953 meeting of the British Association for the Advaace-ment of Science.

Liverpool: University of Liverpool Press, 1954.

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Author File SHACKLE, G. L. S.

EXPECTATIONS IN ECONOMICS. London and New York: Cambridge University Press, 1949. Pp. x, 146.

Review: by J. A. Nordin, ECONOMETRICA, vol. 20, October, 1952, pp. 700-01.

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Page 54: DETERMINANTS OF INVESTMENT - St. Louis Fed

SHACKLE, G. L. S.

A theory of investment-dec is ions , OXFORD ECONOMIC PAPERS,

Apri l , 19A2. Pp. 1 8 .

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Page 55: DETERMINANTS OF INVESTMENT - St. Louis Fed

SHACKLE, G. L. S.

EXPECTATIONS, INVESTMENT, :.&$ INCOME. New York: Oxford University Press, 1938. Pp. 119.

Review, by A. G. Hart, JOURNAL OF POLITICAL ECONOMY, v. £7, June, 1939, pp. 435-6

reformulation of Keynes-Harrod cycle theory in terms of anticipations

by Hugh Townsend, ECONOMIC JOURNAL,

Sept., 1938, pp. 520-3.

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SHUBIK, Martin

Infojanation, risfc, ignorance and indeterminacy, QUARTERLY JOURNAL OF ECONOMICS, LXSHI, Horember, 195A-

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Stockfisch, J. A.

External economies, investment, and fore­sight, JOURNAL OF POLITICAL ECONOMT,

AMgust, 1955.

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Page 58: DETERMINANTS OF INVESTMENT - St. Louis Fed

Turvey, J. de.V. Graal and tf* J* Baumolj G*L.S« Sbkekle

Three Notes on wExpectations in Economics," ECONOMICA, XVI, Nov. 1949, 336-46

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MISES, Ludvig von Von Mises, Ludvig

•Elast ic expectations1 and the Austrian theory of t*ie t rade cycle, ECONOMICA,

August, 1943• Pp. 2»

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WILSON, T.

"Cyclical and Antononous Indncements to Invest,1* OXFORD ECONOMIC PAPERS, Hev Series, Vol. V, No. 1.

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WILSON, T.

Capital Theory and the Trade Cycle, REVIEW OF ECONOMIC STUDIES, Vol. VII, No. 3, June, 1940, pp. 173-179.

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