Inventory investment in the UK : excess volatility, financial effects and the cost of capital
This thesis consists of four self-standing papers (chapter 2 through chapter 5) together with an introduction (chapter 1) and a conclusion (chapter 6). Chapter 2 examines the data on UK inventory investment. Excess volatility is a minor feature. The cyclical movements of inventory investment - exami...
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London School of Economics and Political Science (University of London)
1991
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.645306 |