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The New View of Investment: A Neoclassical Analysis

Edmund S. Phelps

The Quarterly Journal of Economics · 1962 · Volume 76 · Issue 4

DOI: 10.2307/1879546

Abstract

The basis of investment pessimism, 549. — The new view, 551. — A simple model of growth, 553. — Investment and productivity in the long run, 555. — Investment and productivity in the short run, 560. — The rate of return on current investment, 563.— Summary, 567.

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