机读格式显示(MARC)
- 000 02925cam a2200397 i 4500
- 008 200312s2021 enka b 001 0 eng
- 020 __ |a 9780367514556 |q softcover
- 020 __ |a 9780367143725 |q hardcover
- 020 __ |z 9780429031687 |q electronic book
- 040 __ |a DLC |b eng |c DLC |e rda |d DLC |d SCT |d PUL
- 050 00 |a HB501 |b .L49 2020
- 099 __ |a CAL 022021057904
- 100 1_ |a Lewin, Peter, |d 1948- |e author.
- 245 10 |a Capital and finance : |b theory and history / |c Peter Lewin and Nicola虂s Cachanosky.
- 260 __ |a London ; |a New York : |b Routledge, Taylor & Francis Group, |c 2021.
- 300 __ |a xi, 149 pages : |b illustrations (black and white) ; |c 24 cm.
- 336 __ |a text |b txt |2 rdacontent
- 337 __ |a unmediated |b n |2 rdamedia
- 338 __ |a volume |b nc |2 rdacarrier
- 490 0_ |a Routledge international studies in money and banking
- 504 __ |a Includes bibliographical references and index.
- 520 __ |a "This book applies finance to the field of capital theory. While financial economics is a well-established field of study, the specific application of finance to capital theory remains unexplored. It is the first book to comprehensively study this financial application, which also includes modern financial tools such as Economic Value Added (EVA庐). A financial application to the problem of the average period of production includes two discussions that unfold naturally from this application. The first one relates to the dual meaning of capital, one as a monetary fund and the other one as physical (capital) goods. The second concerns its implications for business cycle theories. This second topic (1) provides a solid financial microeconomic foundation for business cycles and, also (2) makes it easy to compare different business cycle theories across the average period of production dimension. By clarifying the obscure concept of average period of production, the authors make it easier to analyze the similarities with and differences from other business cycle theories. By connecting finance with capital theory, they provide a new point of view and analysis of the long-standing problems in capital theory as well as other related topics such as the use of neoclassical production functions and theorizing about business cycles. Finally, they emphasize that the relevance of their application rests on both its policy implications and its contributions to contemporary economic theory."--Provided by publisher.
- 650 _0 |a Economic value added.
- 650 _0 |a Business cycles.
- 700 1_ |a Cachanosky, Nicola虂s, |d 1981- |e author.
- 776 08 |i Online version: |a Lewin, Peter, 1948- |t Capital and finance |b 1. |d New York : Routledge, 2020. |z 9780429031687 |w (DLC) 2020007920