‘ондовый рынок и инвестиционный процесс.

Stock market and investment (TobinТs q)

 

Andersen, M. and R. Subbaraman (1996), СShare Prices and InvestmentТ, Reserve Bank of Australia Research Discussion Paper No. 9610.

 

Barro, R.J. (1990), СThe Stock Market and InvestmentТ, The Review of Financial Studies, 3(1), pp. 115-131

 

Bosworth, B. (1975), СThe Stock Market and the EconomyТ, Brookings Papers on Economic Activity, 2, pp. 257-300

 

Blanchard, O., C. Rhee and L. H. Summers (1990), СThe Stock Market, Profit and InvestmentТ, National Bureau of Economic Research Working Paper No. 3370

(Blanchard, O.J, Rhee, C., and Summers, L. (1993), 'The Stock Market, Profit, and Investment', Quarterly Journal of Economics, 98, pp. 115-36)

 

Crotty, J.R. (1990), 'Owner-Manager Conflict and Financial Theories of Investment Instability: a Critical Assessment of Keynes, Tobin, and Minsky', Journal of Post Keynesian Economics, 12, pp. 519-42

 

Brainard, W., and Tobin, J. (1990), 'On Crotty's Critique of q-Theory', Journal of Post Keynesian Economics, 12, 543 - 49

 

Fischer, S. and R.C. Merton (1984), СMacroeconomics and Finance: The Role of the Stock MarketТ, National Bureau of Economic Research Working Paper No. 1291

(Fischer, S. and R.C. Merton (1984), СMacroeconomics and Finance: The Role of the Stock MarketТ, Carnegie-Rochester Conference Series on Public Policy, 21(Autumn), pp. 57-108.)

 

Hayashi, F. (1982), СTobinТs Marginal q and Average q: A Neoclassical InterpretationТ, Econometrica 50 (1): 213-224

 

Mauro P. (2000), 'Stock Returns and Output Growth in Emerging and Advanced Economies', IMF Working Paper WP/00/89

 

Medlen, G. (2003) СThe Trouble with QТ, Journal of Post Keynesian Economics, 25 (4): 693-698

 

Morck, R., A. Shleifer and R.W. Vishny (1990), СThe Stock Market and Investment: Is the Market a Sideshow?Т, Brookings Papers on Economic Activity, 2, pp. 157-215

 

Mullins, M. and S.B. Wadhwani (1989), СThe Effect of the Stock Market on Investment: A Comparative StudyТ, European Economic Review, 33 (5), pp. 939-961

 

Palley T. (2001), 'The Stock Market and Investment: Another look at the microfoundations of q Theory', Cambridge Journal of Economics, 25, pp. 657-667 Abstract

 

Perelman, M. (1989), СKeynes, Investment Theory and the Economic Slowdown: The Role of Replacement Investment and q-RatiosТ. London: Macmillan

 

Perelman, M. (1991), СLiquidity Demand and InvestmentТ, Review of Political Economy 3 (4): 467-496

 

Tease, W. (1993), СThe Stock Market and InvestmentТ, OECD Economic Studies No. 20 (Spring), pp. 41-63

 

Tobin, J., and Brainard, W. 'Asset Markets and the Cost of Capital.' In Economic Progress, Private Values, and Public Policy: Essays in Honour of William Fellner, ed. by B. Belassa and R. Nelson. New York: North Holland Publishing Company, 1977, pp. 235-262