LIBROS DEL AUTOR: kazumi asako

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  • Multiple q and Investment in Japan
    Jun-ichi Nakamura / Kazumi Asako / Konomi Tonogi
    In this book, a framework of the investment function is developed that allows for the heterogeneity of capital goods, i.e., the Multiple q model, and investment behavior in Japan by employing this Multiple q framework is developed. The standard approach to investment behavior is Tobin’s q theory in which the investment rate is a linear function of only the q ratio, or a firm’s ...
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