Abstract
Investment is capital formation – the acquisition or creation of resources to be used in production. As such, it captures the production side of intertemporal consumption/ savings decisions. This entry focuses on neoclassical approaches to the study of investment. Theoretical and empirical issues are discussed.
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Coen, R.M., Eisner, R. (2018). Investment (Neoclassical). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_712
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DOI: https://doi.org/10.1057/978-1-349-95189-5_712
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