- Selected References -

Watt's Steam Engine


A. Abel (1979) Investment and the Value of Capital. New York: Garland.

A. Aftalion (1909) "La R饌lit・des surproductions générales: Essai d'une théorie des crises générales et périodiques", Revue d'馗onomie politique.

A. Alchian (1955) "The Rate of Interest, Fisher's Rate of Return Over Cost, and Keynes' Internal Rate of Return", American Economic Review, Vol. 45, p.938-43.

A. Asimakopulos (1971) "The Determination of Investment in Keynes's Model", Canadian Journal of Economics, Vol. 4, p.382-8.

A. Asimakopulos (1991) Keynes's General Theory and Accumulation. Cambridge, UK: Cambridge University Press.

C.F. Bickerdike (1914) "A Non-Monetary Cause of Fluctuations in Employment", Economic Journal.

O.J. Blanchard (1981) "Output, the Stock Market, and Interest Rates" American Economic Review, Vol. 71 (1), p.132-43.

W. Brainard and J. Tobin (1968) "Pitfalls in Financial Model-Building" American Economic Review, Vol. 58 (2), p.99-122.

H.B. Chenery (1952) "Over-Capacity and the Acceleration Principle", Econometrica, Vol. 20, p.1-28.

J.B. Clark (1899) The Distribution of Wealth: A theory of wages, interest and profits. 1927 edition, New York: Macmillan.

J.M. Clark (1917) "Business Acceleration and the Law of Demand", Journal of Political Economy.

P. Davidson (1972) Money and the Real World. 1978 edition, New York: Halstead.

P. Davidson (1993), editor, Can the Free Market Pick Winners? What determines investment. Armonk, NY: M.E. Sharpe.

P. Davidson (1994) Post Keynesian Macroeconomic Theory. Aldershot, UK: Edward Elgar.

P.A. Diamond (1967) "The Role of a Stock Market in a General Equilibrium Model with Technological Uncertainty", American Economic Review, Vol. 57, p.759-76.

R.Eisner and M.I. Nadiri (1968) "Investment Behaviour and Neoclassical Theory", Review of Economic and Statistics, Vol. 50, p.369-82.

R. Eisner and R.H. Strotz (1963) "Determinants of Business Investment", in Impacts of Monetary Policy. Englewood Cliffs, NJ: Prentice-Hall.

I. Fisher (1906) The Nature of Capital and Income. New York: Macmillan.

I. Fisher (1907) The Rate of Interest: Its nature, determination and relation to economic phenomena. New York: Macmillan.

I. Fisher (1930) The Theory of Interest: As determined by impatience to spend income and opportunity to invest it. 1954 reprint, New York: Kelley and Millman.

D.K. Foley and M. Sidrauski (1970) "Portfolio Choice, Investment and Growth", American Economic Review, Vol. 69, p.610-22.

D.K. Foley and M. Sidrauski (1971) Monetary and Fiscal Policy in a Growing Economy. New York: Macmillan.

P. Garegnani (1978) "Notes on Consumption, Investment and Effective Demand, I & II", Cambridge Journal of Economics, Vol. 2, p.335-53; Vol. 3, p.63-82.

R.M. Goodwin (1951) "The Non-Linear Accelerator and the Persistence of Business Cycles", Econometrica, Vol. 19, p.1-17.

J.P. Gould (1968) "Adjustment Costs in the Theory of Investment of the Firm", Review of Economic Studies, Vol. 35 (1), p.47-56.

S.J. Grossman and O.D. Hart (1979) "A Theory of Competitive Equilibrium in Stock Market Economies", Econometrica, Vol. 47, p.293-330.

T. Haavelmo (1960) A Study in the Theory of Investment. Chicago: University of Chicago Press.

R.F. Harrod (1936) The Trade Cycle: An essay. 1961 reprint, New York: Augustus M. Kelley.

F. Hayashi (1982) "Tobin's Marginal q and Average q: A neoclassical interpretation", Econometrica, Vol. 50, p.213-24.

F.A. von Hayek (1941) The Pure Theory of Capital. 1950 edition, Chicago: University of Chicago Press.

J. Hirshleifer (1958) "On the Theory of the Optimal Investment Decision", Journal of Political Economy, Vol. 66, p.329-52.

J. Hirshleifer (1970) Investment, Interest and Capital. Englewood Cliffs, NJ: Prentice-Hall.

D.W. Jorgenson (1963) "Capital Theory and Investment Behavior", American Economic Review, Vol. 53, p.247-57.

D.W. Jorgenson (1967) "The Theory of Investment Behavior", in Ferber, editor, Determinants of Investment Behavior. New York: NBER.

D.W. Jorgenson (1971) "Econometric Studies of Investment Behavior: A survey", Journal of Economic Literature, Vol. 9, p.1111-47.

M. Kalecki (1937) "The Principle of Increasing Risk", Economica, Vol. 4, p.440-7.

J.M. Keynes (1936) The General Theory of Employment, Interest and Money. 1964 reprint, New York: Harcourt Brace.

J.M. Keynes (1937) "The General Theory of Employment", Quarterly Journal of Economics, Vol. 51, p.209-23.

F.H. Knight (1933) "Capitalistic Production, Time and the Rate of Return", in Economic Essays in Honour of Gustav Cassel. London: Allen and Unwin.

F.H. Knight (1934) "Capital, Time and the Rate of Interest", Economica, Vol. 1, p.257-86.

F.H. Knight (1936) "The Quantity of Capital and the Rate of Interest, I & II", Journal of Political Economy, Vol. 44, p.433-63, 612-42.

F.H. Knight (1946) "Capital and Interest", Encyclopaedia Britannica, Vol. 4, p.779-801. As reprinted in American Economic Association, Readings in the Theory of Income Distribution. Philadelphia.

A.P. Lerner (1944) The Economics of Control: Principles of welfare economics. New York: Macmillan.

A.P. Lerner (1953) "On the Marginal Efficiency of Capital and the Marginal Efficiency of Investment", Journal of Political Economy, Vol. 61, p.1-14.

R.E. Lucas (1967) "Adjustment Costs and the Theory of Supply", Journal of Political Economy, Vol. 75 (4), p.321-34.

R.E. Lucas (1967) "Optimal Investment Policy and the Flexible Accelerator", International Economic Review, Vol.

F.A. Lutz and V.C. Lutz (1951) The Theory of Investment of the Firm. 1969 reprint, Westport, Conn: Greenwood Press.

H.P. Minsky (1975) John Maynard Keynes. New York: Columbia University Press.

M. Precious (1987) Rational Expectations, Non-Market Clearing and Investment Theory. Oxford: Clarendon.

F.P. Ramsey (1928) "A Mathematical Theory of Saving", Economic Journal, Vol. 38, p.543-59.

J. Robinson (1971) Economic Heresies: Some old-fashioned questions in economic theory. New York: Basic Books.

G.L.S. Shackle (1967) The Years of High Theory: Invention and tradition in economic thought, 1926-1939. Cambridge, UK: Cambridge University Press.

J. Tobin (1969) "A General Equilibrium Approach to Monetary Theory", Journal of Money, Credit and Banking. Vol. 1 (1), p.15-29.

A. Treadway (1969) "On Rational Entrepreneurial Behavior and the Demand for Investment", Review of Economic Studies, Vol. 36, p.227-40.

H. Uzawa (1969) "Time Preference and the Penrose Effect in a Two-Class Model of Economic Growth", Journal of Political Economy, Vol. 77, p.628-52.

J.G. Witte (1967) "Microfoundations of the Social Investment Function", Journal of Political Economy, Vol. 77, p.441-56.

K. Wicksell (1898) Interest and Prices. 1936 translation, London: Macmillan.

K. Wicksell (1901) Lectures on Political Economy, Vol. I: General theory. 1967 reprint of 1934 translation, New York: Augustus M. Kelley.



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