The Review of Economics and Statistics Vol. 50 No. 2 1968
Lags Between Investment Decisions and Their Causes
Abstract
T HE appropriations series collected by the National Industrial Conference Board (NICB) come closer than any other data to pinpointing the time of investment decisions. This paper reports a study of the time lags between the basic stimulants of investment output, cash flow, and interest rate and these appropriations. We find that appropriations respond quickly to these incentives. Three points summarize the results for the all manufacturing:
- DOI
- 10.2307/1926195
- Volume
- 50
- Issue
- 2
- Pages
- 193
- Sources
- openalex crossref