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|a UAMI
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|a Investing for productivity and prosperity /
|c Board on Science, Technology, and Economic Policy, National Research Council.
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|a Washington, D.C. :
|b National Academy Press,
|c 1994.
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|a 1 online resource (42 pages)
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|a Includes bibliographical references (pages 41-42).
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|a Investing for Productivity and Prosperity -- Copyright -- Preface -- Contents -- SUMMARY -- RESTRUCTURING, INVESTMENT, AND GROWTH -- SAVING AND INVESTMENT -- ASSESSING THE CAUSES OF THE INVESTMENT PROBLEM -- Cost of Capital -- Cost of Borrowed Funds and Cost of Equity -- The Capital Allocation System and Investment Time Horizons -- Deficit Reduction -- Promotion of Saving -- Tax Reform -- Changes in the Capital Allocation System -- CONCLUSION -- THE IMPERATIVE OF GROWTH -- HISTORICAL AND COMPARATIVE PERFORMANCE -- SOURCES OF LOWER SAVING
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| 505 |
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|a Hurdle rates and investment decisionswhy do hurdle rates differ? -- source of the cost of equity disparity -- hurdle rates, time horizons, and capital allocation systems in the industrial countries -- conclusions and recommendations -- tax reform to reduce the cost of capital and lengthen time horizons in the united states -- lengthening managerial time horizons -- developing a cadre of long-term investors -- recapitulation -- taking the long view of policy reform -- references
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|a Saving and investment
|z United States.
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|a POLITICAL SCIENCE
|x Economic Conditions.
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|a BUSINESS & ECONOMICS
|x Economics
|x Macroeconomics.
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|a Saving and investment.
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|a National Research Council (U.S.).
|b Board on Science, Technology, and Economic Policy.
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|i Print version:
|t Investing for productivity and prosperity.
|d Washington, D.C. : National Academy Press, 1994
|w (OCoLC)30653756
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