The stock market and investment: Another look at the micro-foundations of q theory

Cambridge Journal of Economics

Volumn 25, Issue 5, 2001, Pages 657-667

  Palley, T I ^a  

^a AFL CIO   (United States)

Author keywords

Arbitrage; Cost of equity capital; Investment; Profit maximisation; Q theory; Stock markets

Indexed keywords

ECONOMIC THEORY; INVESTMENT; STOCK MARKET;

EID: 0034854591     PISSN: 0309166X     EISSN: None     Source Type: Journal    
DOI: 10.1093/cje/25.5.657     Document Type: Article

References (17)

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9. Tobin's marginal q and average q: A neoclassical interpretation
10. The stock market and investment: Is the market a sideshow?
11. Do stock prices move too much to be justified by subsequent changes in dividends?
12. Credit rationing in markets with imperfect competition
13. Corporate investment: Does market valuation matter in the aggregate?